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292 Key Clarion Hotel Near NOLA Airport 2829 Williams Blvd

232 Room Hotel Kenner, LA 70062 $8,900,000 ($38,362/Room)

Investment Highlights

  • Hotel offered fee simple and unencumbered by brand and management, minutes from Louis Armstrong Int'l Airport and offering immediate I-10 access.
  • Hotel contains 258 standard key rooms and 34 rooms that can be converted into additional income-generating suites.
  • As of August 2023, over 4.15 million scheduled domestic flights and 81,000 scheduled international flights operated out of the NOLA airport.
  • 2829 Williams Boulevard boasts premier placement and visibility to over 103,000 vehicles traveling daily along the Interstate 10 Freeway.
  • Within a high barrier of entry market: Specifically, over the last 10 years there have been just four properties developed around the airport.
  • Surrounded by national retailers and service providers, including CarMax, Chick-fil-A, Walmart Supercenter, Subway, KFC, and more.

Property Facts

Price $8,900,000
Price Per Room $38,362
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.60 AC
Building Size 406,062 SF
No. Rooms 232
No. Stories 5
Year Built/Renovated 1974/2023
Parking Ratio 0.61/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 $150.00 -
Guest Room 229 $79.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0920010597
Land Assessment
$444,630
Improvements Assessment
$437,400
Total Assessment
$882,030

zoning

Zoning Code C-2 (General Commercial District)
C-2 (General Commercial District)
  • Listing ID: 34149186

  • Date on Market: 6/14/2024

  • Last Updated:

  • Address: 2829 Williams Blvd, Kenner, LA 70062

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