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Trident Inn & Suites Baton Rogue 10645 Reiger Rd 82 Room Hotel Baton Rouge, LA 70809 $4,250,000 ($51,829/Room) 10.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location: Situated directly off I-10, the property provides seamless access to major transportation routes, enhancing convenience for guests...
- Strong Gross Revenue: Gross Revenue above $1.1M annually. Provides a great baseline of revenue for growth in the market.
EXECUTIVE SUMMARY
The Kohler Team at KW Commercial Presents the Trident Inn & Suites, located at 10645 Reiger Road in Baton Rouge, Louisiana, is a midscale, independent hotel featuring 82 guest rooms spread across three stories. Built in 1998, the property sits on 1.76 acres of commercially zoned land in a suburban setting, with interior corridors and a Floor Area Ratio (FAR) of 0.44. Positioned just off major thoroughfares, including I-10, the hotel enjoys excellent visibility and accessibility. The Baton Rouge Metropolitan Airport (Ryan Field) is a convenient 22-minute drive, making the location ideal for business and leisure travelers alike. The property offers a strong mix of guest-focused amenities, including2,000 square feet of meeting and event space, a business center, an outdoor pool, and a 100% smoke-free environment. With 101 surface parking spaces—a ratio of 1.23 spaces per room—the hotel can comfortably accommodate guests traveling by car, including group and event attendees. The interior corridor design enhances security and guest comfort, while the suburban layout allows for easy navigation to surrounding commercial and retail areas. Situated in the growing Baton Rouge submarket, Trident Inn & Suites presents an excellent opportunity for hotel operators or hospitality groups seeking a well-maintained, adaptable property. The site and structure are conducive to a variety of operational strategies, including continued independent operation or brand conversion. Its location, amenities, and layout offer a strong foundation for long-term success in one of Louisiana’s key lodging market.
DATA ROOM Click Here to Access
- Offering Memorandum
- Market Information
PROPERTY FACTS
| Price | $4,250,000 | Lot Size | 1.76 AC |
| Price Per Room | $51,829 | Building Size | 32,640 SF |
| Sale Type | Investment | No. Rooms | 82 |
| Cap Rate | 10.40% | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1998/2011 |
| Property Subtype | Hotel | Parking Ratio | 3.09/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | Commercial - C2-Heavy Commercial | ||
| Price | $4,250,000 |
| Price Per Room | $51,829 |
| Sale Type | Investment |
| Cap Rate | 10.40% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.76 AC |
| Building Size | 32,640 SF |
| No. Rooms | 82 |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2011 |
| Parking Ratio | 3.09/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - C2-Heavy Commercial |
AMENITIES
- Business Center
- Pool
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 48 | $114.00 | - |
| Guest Room | 34 | $80.00 | - |
PROPERTY TAXES
| Parcel Number | 03119815 | Improvements Assessment | $393,541 |
| Land Assessment | $55,350 | Total Assessment | $448,891 |
PROPERTY TAXES
Parcel Number
03119815
Land Assessment
$55,350
Improvements Assessment
$393,541
Total Assessment
$448,891
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Trident Inn & Suites Baton Rogue | 10645 Reiger Rd
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