4 Galleria Blvd | Metairie, LA 70001
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4 Galleria Blvd
Metairie, LA 70001
Sheraton Metairie - New Orleans Hotel · Hospitality Property For Sale · 135,750 SF
Investment Highlights
- Exceptional cash-flowing hotel providing a new investor with a rare opportunity for a cash flowing asset in a highly desirable location.
- Visible from heavily traveled I-10 in a the highly desirable New Orleans metropolitan region.
- remarkable opportunity to acquire the Property at a significant discount to replacement cost, increasing the overall return and profitability.
- High barrier to entry market with a limited amount of developable land at the intersection of I-10 and Causeway Boulevard.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 7 |
| Property Subtype | Hotel | Year Built/Renovated | 2002/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.08 AC | Corridor | Interior |
| Building Size | 135,750 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 135,750 SF |
| No. Stories | 7 |
| Year Built/Renovated | 2002/2023 |
| Tenancy | Single |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 0820011512 | Improvements Assessment | $1,529,700 |
| Land Assessment | $180,200 | Total Assessment | $1,709,900 |
PROPERTY TAXES
Parcel Number
0820011512
Land Assessment
$180,200
Improvements Assessment
$1,529,700
Total Assessment
$1,709,900
zoning
| Zoning Code | BC2 |
| BC2 |
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