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Bridge View Motel 1024 Bridge City Ave 30 Room Hotel Westwego, LA 70094 $970,000 ($32,333/Room)
INVESTMENT HIGHLIGHTS
- Renovated in 2016 and updated with a new roof in 2019
EXECUTIVE SUMMARY
30-room motel featuring a robust brick construction and extensive parking with expansion possibilities. Renovated in 2016 and updated with a new roof in 2019, it includes a fully-equipped owner/manager suite. Ideally located next to the Huey P Long Bridge, it offers quick access to Elmwood shopping and downtown New Orleans. Additionally, a fully paved lot across the street is available for sale by another owner, providing further development opportunities.
PROPERTY FACTS Under Contract
| Price | $970,000 | No. Rooms | 30 |
| Price Per Room | $32,333 | No. Stories | 2 |
| Sale Type | Investment | Year Built/Renovated | 1995/2016 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.75/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.13 AC | Opportunity Zone |
Yes
|
| Building Size | 7,991 SF | ||
| Zoning | C2 - Commercial | ||
| Price | $970,000 |
| Price Per Room | $32,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 7,991 SF |
| No. Rooms | 30 |
| No. Stories | 2 |
| Year Built/Renovated | 1995/2016 |
| Tenancy | Single |
| Parking Ratio | 3.75/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C2 - Commercial |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 30 | $65.00 | - |
PROPERTY TAXES
| Parcel Number | 9450002527 | Improvements Assessment | $0 |
| Land Assessment | $1,140 | Total Assessment | $1,140 |
PROPERTY TAXES
Parcel Number
9450002527
Land Assessment
$1,140
Improvements Assessment
$0
Total Assessment
$1,140
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Bridge View Motel | 1024 Bridge City Ave
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