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Browse More Listings in Hotel & Motel For Sale, New Orleans, LA or Louisiana

Hotel / Motel For Sale

La Quinta Inn & Suites

12340 I-10 Service Road, New Orleans, LA 70128

Price:
$5,995,000
No. Rooms:
142
Building Size:
48,000 SF
Price/Room:
$42,218.31
Property Type:
Hotel & Motel
Property Sub-type:
Economy/ Limited Service
Property Use Type:
Investment
Lot Size:
3 AC
Find Out More...

Last Verified 11/17/2009 Listing ID 16416874

Description

New Price! 142 room newly renovated property in 2007. 1,500 SF of meeting space, Fitness Center, Business Center, Swimming Poo and Guest Laundry. Has a very nice 2 bedroom apartment. Opportunity own a strong brand that is in excellent condition for $42,000 per key.

Located on Interstate 10 close to the French Quarter, Superdome, Harrah's Casino, NASA and many other commercial attractions.

Map of 12340 I-10 Service Road, New Orleans, LA 70128 (Orleans County)

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Presented by

HREC Investment Advisors

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Contact Listing Broker

Patrick Bajdek (214) 353-9425

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Created 10/1/2009

Additional Information for 12340 I 10 Service Road, New Orleans, LA 70128

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

Comparable Properties for 12340 I-10 Service Road, New Orleans, LA 70128

Nearby Recently Sold Hotel & Motel propertiesSearch all recently sold commercial real estate

Economy/Limited Service
Sold 4Q 2007

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 - La Quinta Inn & Suites

12340 I-10 Service Road, New Orleans, LA, 70128