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Bridge View Motel 1024 Bridge City Ave 30 Room Hotel Westwego, LA 70094 $970,000 ($32,333/Room)

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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
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

PROPERTY TAXES

Parcel Number
9450002527
Land Assessment
$1,140
Improvements Assessment
$0
Total Assessment
$1,140
  • Listing ID: 35122847

  • Date on Market: 3/13/2025

  • Last Updated:

  • Address: 1024 Bridge City Ave, Westwego, LA 70094

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