Michael A. Graham, MAI
Real Estate Appraisals / Property Sales / Consultation
Mike Graham Real Estate

Sold: Highland Court Apartments, West Monroe, LA



Sold:  Highland Court Apartments / 241 Blanchard Street / West Monroe, LA
Date Recorded:  May 14, 2012
Seller:  Graoch Associates #47 Limited Partnership
Buyer:  Juniper Blanchard Ltd.
Price:  $8,200,000
Source:  The Legal Recorder, Inc. / Assessor website
Note:  No guarantee is made regarding the accuracy of the
above information. 
Edit:  Mortgage and Security Agreement:  $6,600,000 to Berkeley Point Capital LLC

Transfer: Riverside Apartments, Monroe, LA



Transfer:  1600 Riverside Drive, Monroe, LA
Instrument Type:  Dation En Paiement
Transferor:  Ingold Investments, LLC
Transferee:  Fairytail, LLC (Officers:  Joseph and Nourie Hakim)
Amount:  Unknown
Explanation:  The above property has transferred ownership via Dation. 
The original mortgage note on the apartment complex has been sold two or
three times and Fairytail, LLC held the note at the time of the Dation En Paiement. 
A Dation En Paiment in Louisiana is when instead of paying a sum of money due
on a pre-existing debt, the debtor gives and the creditor agrees to receive a movable or immovable.  In this case, the debtor agreed to give the property and the creditor agreed to receive the property instead of paying the sum of money due.  


Sold: Dollar General / Jonesboro Road, West Monroe

Sold: Dollar General Retail - Build to suit project (Jonesboro Road,
West Monroe)
Date recorded: 4/27/12
Seller: West Monroe Dg, LLC
Buyer: Arc Dgwmra001, LLC
Price: $1,185,276
Note: The above information is for reference only
And should not be relied upon with proper verification.
Source: The Legal Recorder

Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
(318) 387-9092
(318) 325-5776 - fax
(318) 801-0950 - cell
magraham@mgmai.com
http://mgmai.com
http://realestate.mgmai.com/



Sold: Vacant land on Forsythe Avenue



Sold:  Vacant land on Forsythe Avenue
Date Recorded:  April 23, 2012
Seller:  Iberiabank
Buyer:  Thara Ventures, LLC
Price:  $530,000 (Approximately $7.14 / SF)
Legal:  Lots 1 - 3 of Iberiabank Subd. 
Note:  The above information is for reference only
and should not be relied upon without further verification. 



Power Line' Impact on Sales Depends on Property

Power Line' Impact on Sales Depends on Property

http://www.appraisalinstitute.org/newsadvocacy/news/2012/power-lines-impact-on-sales_032012.aspx



Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
(318) 387-9092
(318) 325-5776 - fax
(318) 801-0950 - cell
magraham@mgmai.com
http://mgmai.com
http://realestate.mgmai.com/



Sold: 10 unit multi-family complex / 105 Logan Lane



Sold:  105 Logan Lane / 10 unit apartment complex
Date:  April 17, 2012
Seller:  Del Spar LLC
Buyer:  We Rn Property Inc.
Price:  $485,000
Source:  The Legal Recorder
Note:   The above information is for reference only
and should not be relied upon without proper verification. 

Sold: Shannon Oaks Apartments



Sold:  Shannon Oaks Apartments
Date Recorded:  April 2, 2012
Seller:  Saleah S.O., LLC
Buyer:  Blake Management, LLC
Price:  $100 and OVC
Mortgage:  $1,950,000 to Cross Keys Bank (The Legal Recorder)
Source:  Conveyance record / The Legal Recorder/ Assessor Website
Note:   The above information is for reference only and should not
be relied upon without further verification. 

Sold: Restaurant on Desiard Street (Danken Trail Bar-B-Q)




Sold:  Lots 9 & 10, Sq. B, Desiard Plaza (Danken Trail Bar-B-Q)
Date Recorded:  April 2, 2012
Seller:  Daniel E. Bannister, et ux
Buyer:  Johnson & Midyett, LLC
Price:  $846,000
Source:  Daily Legal News / Parish Assessor Website
The above information should not be relied upon
without proper verification. 

Sold: Commercial land on Forsythe Avenue, Monroe, LA



Sold:  Vacant commercial site on Forsythe Avenue (Across from Taco Bandido)
Date Recorded:  March 29, 2012
Seller:  Sig Masur & Sons, Inc.
Buyer:  Howberts, LLC
Price:  $420,000
Legal:  Sq. 1, Oak Park Addn, Lots 8-11
Source:  The Legal Recorder
Note:  The above information is for
reference only and should not be relied
upon without further verification. 

Sold: Restaurant at 2105 North 7th Street, WM, LA

Sold:  2105 North 7th Street, West Monroe, LA
Seller:  Big Guys Properties, LLC
Buyer:  Gaylee, LC
Price:  $325,000
Date:  March 15, 2012
Source:  Conveyance Record
Note:  The above information is for reference only. 



Dick's Sporting Goods coming to Pecanland

Dick's Sporting Goods coming to Pecanland

Source:  The News Star World
Written by:  Greg Hilburn


http://www.thenewsstar.com/article/20120314/NEWS01/203140315/Dick-s-Sporting-Goods-coming-Pecanland

Sold - Again: 2500 North 7th Street / Richland Towers



Sold:  2500 North 7th Street / Richland Towers
Property Type:  Multi-tenant office building / bank branch
Seller:  ZEG Ventures LLC
Buyer:  B&W Investments of Monroe, LLC
Price $4,450,000
Note:  The above information is for reference only and should not
be relied upon without proper verification. 
Source:  The Legal Recorder, Inc. 

Sold: Vacant land / Corner of Cypress and Wallace Dean

Sold:  Pad site on corner of Cypress Street and Wallace Dean (Well Road Exit)
Seller:  Twist Cypress, LP, et al
Buyer:  Ace Distributors, Inc. (Karminder Dhailiwal)
Price:  $825,000
Date:  March 6, 2012
Property Description:  1.327 acres ($14.27 / SF)
Source:  Conveyance record
Note:  The above information is for reference only and should
not be relied upon without further verification. 




Sold: Land on Good Hope Road (1.9M)

Sold:  Land on Good Hope Road
Date Sold:  2/29/2012
Seller:  NOE Holdings LLC
Buyer:  Gretchen Kovac Construcion, Inc.
Price:  $1,900,000
Size:  Around 145 acres per the Ouachita Parish Tax Assessor (online deed illegible)
Source:  Ouachita Parish Clerk of Court - Online
Note:  The above information is for reference only and should not be relied upon
without proper verification. 



Sold: Land off Highway 165 / Behind Richwood School



Sold:  Land off Highway 165, behind Richwood School
Date Sold:  February 9, 2012
Seller:  Kenneth Anderson, et ux and Donald Plunk, et ux
Buyer:  Southeastern Freight Lines, Inc.
Price:  $850,000 (25 acres + 2.4056 access servitude)
Source:  Conveyance Record
Note:  The above information is for reference only and
should be properly verified before relied upon for any reason. 

"New CNG Fuel Station Opens in Mansfield LA" by Lynn Vance 2/6/12 - Go Haynesville Shale

http://www.gohaynesvilleshale.com/forum/topics/new-cng-fuel-station-opens-in-mansfield-la-by-lynn-vance-2-6-12




Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
318-387-9092 office
318-801-0950 mobile
magraham@mgmai.com

Sold: Tower Drive land to Saint Francis Medical Center

Sold:  Vacant land at the corner of Tower Drive and Fulton Avenue
Date of Sale:  February 8, 2012
Seller:  Tower Development, LLC
Buyer:  St. Francis Medical Center, Inc.
Price: $2,770,416
Description: Lot 3, Tower Medical Park
Source:  Conveyance Record / Subdivision Plat



Sold: Chateau Restaurant Property

Sold:  Chateau Restaurant / 50's Grill property on Louisville Avenue / Monroe, LA




Date Recorded:  January 30, 2012 (two records)
Seller 1:  Victor Charles Cascio, et al
Seller 2:  Victor David Cascio
Buyer 1:  Brandy House, LLC
Buyer 2:  Brandy House, LLC
Price 1:  $350,000
Price 2:  $900,000

Note:   The above information is for reference only and no guarantee is
made regarding the accuracy of the above information.  This data should
not be relied upon without proper verification. 
Source:  The Legal Recorder, Inc.

@thenewsstar, 1/21/12 1:33 AM


The News-Star (@thenewsstar)
1/21/12 1:33 AM
New movie theater going up in Ruston dlvr.it/16MpKb


Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
318-387-9092 office
318-801-0950 mobile
magraham@mgmai.com

Sold: Multi-family Units (Monroe, LA)



Sold:  Apartments Units (Monroe, LA)
Date:  1/5/2012
Seller:  Darren W. Oglesby, et ux
Buyer:  Maybe So, LLC
Price:  $1,420,000
Locations: 
66 W. Elmwood Drive - 4 units
52 Colonial - 3 units
54 Colonial - 4 units 
56 Colonial - 4 units 
60 Colonial - 4 units 
62 Colonial - 4 units
64 Colonial - 4 units 
83 Colonial - 4 units 
107 Jennifer - 4 units
511 Baker Street

Source:  Conveyance record filed in Ouachita Parish 
Clerk of Court office.   


Sold: Retail building / Highway 165 North

Date: 1/6/12
Seller: Carroll-Anne's LLC
Buyer: Jeffery Smith
Price: $250,000
7649 Highway 165 North

Most recent use - Bayou Tackle

Just south of Neighborhood Rentals.

Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
318-387-9092 office
318-801-0950 mobile
magraham@mgmai.com

Sold: Former Dixie Furniture Warehouse / Showroom

Date: 1/6/12
Seller: Dixie Furniture & Bedding LLC
Buyer: New Tabernacle Church
Price: $410,000
Location: 811 Washington / Monroe, LA

Michael A. Graham, MAI
1300 Hudson Lane
Suite 1
Monroe, LA 71201
318-387-9092 office
318-801-0950 mobile
magraham@mgmai.com

Sold: Former Advance Auto Parts / 7830 Desiard / Monroe, LA

Date Recorded:  12/29/11
Seller:  Erinbrook, LLC, et al
Buyer:  Whites Ferry Road Grocery, LLC
Price:  $350,000
Remarks:  This is likely a former build to suit project for
Advance Auto Parts and is selling for 2nd
generation use. 





Note:  The accuracy of the above information is not guaranteed. 

Sold: Vacant land / Highway 165 @ Horseshoe Lake Road

Sold:  Vacant land / Highway 165 @ Horseshoe Lake Road
Date Recorded:  1/3/12
Seller:  Horseshoe Lake Storage, LLC
Buyer:  Danco Properties, LLC
Price:  $254,000





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

Sold: Former Canary Motel / 3002 Cypress St. / West Monroe, LA

Sold:  3002 Cypress / Former Canary Motel
Date Sold:  12/15/11
Seller:  Succession of Elsie Mae Mix Webb
Buyer:  Max Alley Investments, LLC (Texarkana Corporation)
Price:  $325,000
This sale is thought to be the purchase of land for redevelopment as
a build to suit project.  Based on the buyer's history and language in the
conveyance record, development of a Family Dollar Store may be likely. 
The site is approximately 56,700 sq. ft. which calculates to $5.73 per
square foot prior to any required expenditures after purchase. 





Note:  The above information is for reference only and should not be
relied upon without further verification.  No guarantee is made about the
accuracy of the above information. 

Sold: Industrial warehouse / Fontana Road, Monroe, LA

Sold:  Fontana Road / Industrial Warehouse Property / Monroe, LA
Date Sold:  December 13, 2011
Seller:  Louisiana Properties, LLC
Buyer:  Pulpmill Services, Inc.
Price:  $500,000





Note:  The above information is for reference only and no guarantee is made
regarding the accuracy of the information provided.  Source:  Conveyance Record. 

Sold: Vacant commercial site / Cypress Street / W.M.

Sold:  Vacant Land / Cypress Street in West Monroe, LA
Lot 6, Ashford Place, 3rd Revision

Date:  December 9, 2011
Seller:  Church Hill Land Co, LLC
Buyer:  Deep Pockets Investments, Inc.
Price:  $387,500

Date:  December 9, 2011
Seller:  Deep Pockets Investments, Inc.
Buyer:  Guaranty Bank & Trust Co of Delhi
Price:  $387,500  (size of site is around 47,000 square feet or approximately $8.25 / SF)



The above information is for reference only and should not be relied upon without proper
verification.  Source:  The Legal Recorder, Inc.

Sold: North Louisiana Motor Speedway

Sold:  North Louisiana Motor Speedway / Monroe, LA
Date Recorded:  November 10, 2011
Seller:  Biz Capital Bidco II, LLC
Buyer:  G & J Investments of Ouachita, LLC
Price:  $726,000
Book / Page:  2270 / 183



Note:  The above information is for reference only and should not be relied upon without
proper verification.  Source:  The Legal Recorder, Inc.

Sold: Land on Cypress @ Downing Pines, West Monroe

Sold:  Land in the NE4 of SE4, Section 29, T18, R3 & Sundry Property

Date Recorded:  October 20, 2011
Seller:  David Crew, Arthur Lee Brooks, John Green
Buyer:  K & A of Monroe, LLC
Price:  $700,000
Source:  The Legal Recorder, Inc. / the above information is for reference only
and should not be relied upon without proper verification. 


Sold: Office Building / 1811 Tower Drive, Monroe, LA

Sold:  Office Building / 1811 Tower Drive, Monroe, LA
Date Recorded:  September 28, 2011
Price:  $1,200,000
Seller:  Welsh Properties Limited Partnership
Buyer:  1811 Tower Drive, LLC
Legal:  Sq. A Erin Park Addition, Lot 4
Note:  The above information should
not be relied upon without further verification
by the user. 


Blog Software