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This Hospitality Property is no longer advertised on LoopNet.com.

234 Lobdell Hwy S
Port Allen, LA 70767

Red Roof Inn Port Allen · Hospitality Property For Sale · 54,226 SF

Investment Highlights

  • Located in a growing area less than 20 minutes from Baton Rouge Metropolitan Airport
  • Near major demand generators such as Downtown Baton Rouge, LSU Tiger Stadium, Louisiana State University, and the Port of Greater Baton Rouge
  • SBA financing available with 20% or less down payment available
  • Minimal remaining PIP costs are estimated at around $1,000 per key, which can be financed
  • Value add opportunity for a new owner to increase RevPAR and decrease expenses
  • 100-key fee-simple property offered significantly below replacement cost

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.01 AC
Building Size 54,226 SF
No. Stories 2
Year Built/Renovated 1978/2014
Parking Ratio 2.58/1,000 SF
Corridor Interior

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304510000900
Land Assessment
$105,860
Improvements Assessment
$249,750
Total Assessment
$355,610

zoning

Zoning Code C-2 (Commercial)
C-2 (Commercial)
  • Listing ID: 31116440

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 234 Lobdell Hwy S, Port Allen, LA 70767

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