Stunning Hotel For Sale in Baton Rouge, Louisiana

California

Asking Price: $12,000,000

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Business For Sale Details

Listed on Sep 5, 2024

Broker is Pleased to Present a Hospitality Investment Opportunity in Baton Rouge, Louisiana. Completed in Two Phases, the Hotels Consist of a Six-story Tower Holiday Inn. The Property Was Originally Built as One Large Hotel, and since then it has been separated into two brands catering to a Wide Range of Guests.

Holiday Inn: 140 units Proposed extended stay option available: additional 60 units included

(total room count: 314)

Motivated seller, bring all offers

Multi-million dollar renovations completed

Located in State Capitol, near Louisiana State University

High visibility off Highway 61 & Interstate 12

Opportunity to lead the market with multi-brand investment

Property absentee managed and performing well below market Revpar index allowing for buyer to increase revenues

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Financials (USD)

Asking Price $12,000,000

Cash Flow Not Disclosed

Sales Not Disclosed

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Available On Request

Relocatable? Available On Request

Real Estate? Available On Request

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