Great Hotel for Sale in Baton Rouge, Louisiana

California

Asking Price: $6,000,000
Business For Sale Details
Listed on Sep 5, 2024

Two-story U-shaped Courtyard Style Quality Inn. The Quality Inn Consists of 112 Guest Rooms With an Additional 60 Rooms That Have Been Approved to Open as Suburban Studios Extended Stay. The Holiday Inn Consists of 140 Guest Rooms and Has Full Service Amenities Such as a Bar, Restaurant, Meeting Rooms, and Two Pools. The Property is Located Along Airline Highway 61, Just a Quarter Mile North of the Highway's Intersection With I-12. This Makes the Property Easily Accessible From Areas North and South of the Property, via Airline Highway, as Well as Areas East and West of the Property, via I-12. The I-10 is Two Miles West of the Property and Connects Baton Rouge to New Orleans and Houston. The Hotel is an Ideal Location for Visitors to Baton Rouge, as It is Situated Less Than Six Miles From Downtown Baton Rouge and Raising Cane’s River Center, Less Than Eight Miles From Louisiana State University, and Just Over 10 Miles From Baton Rouge Metropolitan Airport.This presents a great investment opportunity with revenue upside due to under-performing RevPAR penetration in its market area.

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Financials (USD)

Asking Price $6,000,000

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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