6401 Veterans Memorial Blvd | Metairie, LA 70003
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- LoopNet Team
6401 Veterans Memorial Blvd
Metairie, LA 70003
Wyndham Garden New Orleans Airport · Hospitality Property For Sale
·
97,920 SF
INVESTMENT HIGHLIGHTS
- 223-room interior corridor hospitality investment located along the I-10 corridor, minutes from Louis Armstrong New Orleans International Airport.
- Wyndham Garden was renovated in 2019 before being shut down following Hurricane Ida in 2021.
- Estimated renovation costs include +/-$5 million for Wyndham Garden and +/-$9.9 million for Four Points.
- Value-add investment opportunity within an often-visited tourist destination and located in a market with a high barrier of entry.
- 6401 Veterans Memorial Boulevard lies minutes from an Interstate 10 on and off-ramp and boasts visibility to over 42,000 vehicles daily.
- Hotel is located in a hospitality corridor surrounded by national retailers, including Best Buy, Denny's, PetSmart, Subway, and more.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 7 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2019 |
| Building Class | B | Parking Ratio | 0.62/1,000 SF |
| Lot Size | 3.17 AC | Corridor | Interior |
| Building Size | 97,920 SF | ||
| Zoning | R1MH - hospitality | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.17 AC |
| Building Size | 97,920 SF |
| No. Stories | 7 |
| Year Built/Renovated | 1970/2019 |
| Parking Ratio | 0.62/1,000 SF |
| Corridor | Interior |
| Zoning | R1MH - hospitality |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
PROPERTY TAXES
| Parcel Number | 0820033037 | Improvements Assessment | $795,050 |
| Land Assessment | $633,830 | Total Assessment | $1,428,880 |
PROPERTY TAXES
Parcel Number
0820033037
Land Assessment
$633,830
Improvements Assessment
$795,050
Total Assessment
$1,428,880
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