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10100 I-10 Service Rd
New Orleans, LA 70127
Auction - Best Western New Orleans East · Hospitality Property For Sale · 72,592 SF

INVESTMENT HIGHLIGHTS

  • STARTING BID $1,250,000 | 175 Rooms | 92K VPD | AUCTION OCTOBER 16-18, 2023
  • Significant RevPAR Upside Potential
  • Turn-Key Operation; Only Best Western Affiliated Hotel in the New Orleans East Submarket with No Direct Immediate Franchise Competition
  • 175-Room, 8-Story Best Western Strategically Positioned Off I-10 within Minutes of Numerous Demand Generators
  • Highly Accessible Location Offering Immediate Access and Exposure to I-10 Providing Ease of Access For Commerce and Tourism
  • Located Within a Densely Populated Area That Services ±85k Individuals with an Average Household Income of ±$57,525 within a Five Mile Radius

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.81 AC
Building Size 72,592 SF
No. Stories 8
Year Built/Renovated 1970/2025
Tenancy Single
Parking Ratio 1.96/1,000 SF
Corridor Interior
Zoning C-3

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-9W-0-163-66
Land Assessment
$66,750
Improvements Assessment
$274,880
Total Assessment
$341,630
  • Listing ID: 29369396

  • Date on Market: 8/25/2023

  • Last Updated:

  • Address: 10100 I-10 Service Rd, New Orleans, LA 70127

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