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Browse More Listings in Hotel & Motel For Sale, Baton Rouge, LA or Louisiana

Hotel / Motel For Sale

Comfort Suites

1755 O'Neal Ln, Baton Rouge, LA 70816

Price:
$4,200,000
No. Rooms:
63
Building Size:
31,800 SF
Price/Room:
$66,666.67
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
9.50%
Average Daily Rate:
$89
RevPAR:
$63
Average Occupancy:
68%
Corridor:
Yes
Find Out More...

Last Verified 10/30/2009 Listing ID 16089623

Description

Price reduced for quick sale. Please Do Not Contact The Property Employees All The Information Will Be Provided By The Listing Broker. Beautiful 63 Suites, New Carpet, Interior Corridor,Business Center, Fitness Center,Meeting Room, Outside Swimming Pool, Hot Breakfast. Located Off Of Interstate-12 With Easy On Off Exit. Property Is Doing Great Business. Gross Room Revenue For 2008 Was $1,395,017. January 2009 Is $18,000 Ahead Of January 2008.

Location Location Location
Comfort Suites is located off of Interstate 12 in the Capitol of Great State of LA.

Map of 1755 O'Neal Ln, Baton Rouge, LA 70816 (East Baton Rouge County)

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Created 2/4/2009

Additional Information for 1755 Oneal Lane, Baton Rouge, LA 70816

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Comfort Suites

1755 O'Neal Ln, Baton Rouge, LA, 70816