12312 Highway 165
Kinder, LA 70648
Super 8 Kinder/Coushatta near Casino · Hospitality Property For Sale · 25,000 SF
INVESTMENT HIGHLIGHTS
- Two-Story, 56-Room, Interior-Corridor, Limited-Service, Wyndham Hotels-Branded Hotel
- Converted to Super 8 in July 2020 - The Recently Renovated Property is Expected to Have Minimal PIP at Transfer
- Located Approximately 1 Mile from Coushatta Casino Resort
- Priced to sell at a 16.98 Percent Cap Rate and Below Replacement Cost at $35,696 Per Key
- Excellent Highway Visibility and Accessibility from Highway 165
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 25,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1998/2014 |
| Parking Ratio | 3.2/1,000 SF |
| Corridor | Interior |
ABOUT 12312 HIGHWAY 165 , KINDER, LA 70648
The Super 8 Kinder/Coushatta Near Casino is located just off Highway 165 at 12312 Highway 165 in Kinder, Louisiana. The 56-room, interior-corridor, select-service building was built in 1998 and maintains approximately 25,000 square feet between 2 floors. Recently renovated, the Property has refurbished the roof, paint, mattresses, and other case goods. The Hotel also provides common area amenities such as RV and truck parking, a vending machine, and a breakfast area.
PROPERTY TAXES
| Parcel Number | 020-0159521 | Improvements Assessment | $55,850 |
| Land Assessment | $7,350 | Total Assessment | $63,200 |
ZONING
| Zoning Code | GC |
