Elias Properties Sells Three Apartment Complexes

Shangri-La Apts

Sold – Shangri-La Apartments

Sale date: October 29, 2019

Price: $1,835,328

Seller: Elias Properties, LLC

Buyer: Wellerman Apts LLC

Recordation: Book 2603/Page 753

Source: Ouachita Parish Legal News, Ouachita Parish Tax Assessor

Disclaimer: The above information is for reference only and should not be relied upon without further verification.

Woodwind Apts.



Sold – Woodwind Apartments

Sale date: October 29, 2019

Price: $1,452,968

Seller: Elias Properties, LLC

Buyer: Northgate Drive Apts

Recordation: Book 2603/Page 741

Source: Ouachita Parish Legal News, Ouachita Parish Tax Assessor

Disclaimer: The above information is for reference only and should not be relied upon without further verification.



Malibu West Apts.



Sold – Malibu West Apartments

Sale date: October 29, 2019

Price: $2,561,812

Seller: Elias Properties, LLC

Buyer: West Monroe Holdings LLC

Recordation: Book 2603/Page 747

Source: Ouachita Parish Legal News, Ouachita Parish Tax Assessor

Disclaimer: The above information is for reference only and should not be relied upon without further verification.



Subsequent Sale: Shangri-La Apartments, Woodwind Apartments, and Malibu West Apartments

Sale date: November 27, 2019

Price: $6,650,000

Seller: Wellerman Apts LLC, Northgate Dr Apts LLC, and West Monroe Holdings LLC

Buyer: MPL Holdings LLC

Recordation: Book 2603/Page 759

Note: It is unknown whether this is an arms-length transaction. All corporations associated with this transfer are located in New Jersey, but the signers and registered agents are different.

Source: Ouachita Parish Legal News, Ouachita Parish Tax Assessor

Disclaimer: The above information is for reference only and should not be relied upon without further verification.