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Wyndham Garden New Roads, False River, LA 2125 Memorial Blvd

62 Room Hotel New Roads, LA 70760 $5,100,000 ($82,258/Room) 7.56% Cap Rate

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Investment Highlights

Huge Upside: Recently rebranded (Opened October 30th 2024)
High Cash Flow with Owner Managed Operations
Tremendous Revenue Upside with Market Leader Potential. (Projected $1,400,000 PLUS)

Strong Market with Limited Competition with Steady Growth in the Economy
2017 Built Excellent Condition with Minimal PIP

Executive Summary

HIGHLIGHTS AND LOCATIONNew Roads Louisiana located 2 hours from New Orleans best known as the "Little Carnival Capital" of Louisiana, New Roads has hosted Mardi Gras festivities since 1881, drawing numerous visitors annually and selling out nearby hotels in the area. New Roads Louisiana has a combination of both leisure and business travel with steady demand throughout the year offering easy access to Baton Rouge Metropolitan Airport (State Capital) (BTR), situated about 20.7 miles southeast of New Roads.
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DEMAND GENERATORS:
*Southern University and A&M College
*French Quarter (New Orleans, 10M+ visitors annually):
*Louisiana State University (Baton Rouge, 1M+ visitors annually):
*Industrial Fabrics | Wilco Industrial Services
*This 15-mile oxbow lake( fishing, boating, and water-skiing, attracting outdoor enthusiast)
*Very Popular Plantation Estates
*Julien Poydras Museum and Arts Center

This hotel will qualify for a SBA 7A, & SBA 504 loan or a conventional loan with approximately 20-25% down.
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LA BROKER OF RECORD:
Brian Brockman
Bor@bangrealty.com
LA BROK.0995684990-ASA
Bang Realty, Inc

Property Facts

Price	$5,100,000	Building Size	31,000 SF
Price Per Room	$82,258	No. Rooms	62
Sale Type	Investment	No. Stories	3
Cap Rate	7.56%	Year Built	2017
Property Type	Hospitality	Parking Ratio	2.42/1,000 SF
Property Subtype	Hotel	Corridor	Interior
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.93 AC

Price	$5,100,000
Price Per Room	$82,258
Sale Type	Investment
Cap Rate	7.56%
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	1.93 AC
Building Size	31,000 SF
No. Rooms	62
No. Stories	3
Year Built	2017
Parking Ratio	2.42/1,000 SF
Corridor	Interior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.