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1213 N Pine St
Deridder, LA 70634
OYO Hotel DeRidder Hwy 171 North · Hospitality Property For Sale
·
40,000 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 40,000 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1984/2016 |
| Lot Size | 3.12 AC | Corridor | Exterior |
| Zoning | Motel | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.12 AC |
| Building Size | 40,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2016 |
| Corridor | Exterior |
| Zoning | Motel |
AMENITIES
- Pool
- Meeting Event Space
ABOUT 1213 N PINE ST , DERIDDER, LA 70634
Property Highlights: • 74-Room Independent Hotel | Country Inns of Deridder • Comprised of Two Buildings • Meeting space available • Extensive Renovation Completed in 2015/2016 • Renovations Totaled Over $600,000 and Included a New Roof, Lobby Redesign, Vinyl Flooring, New Bedding, New Furniture, Toilets, Flat Screen TVs, Washers, Vanities, Paint in all Rooms, and a New Water Heater. • Seller Financing Available • Ideal for an Owner-Operator • Significant Upside Through Hands-On Approach Location Highlights: • Situated Near Highways 171 and 190 • One Hour from Lake Charles and the Gulf Coast • Near Several State museums • Approximately 30 Minutes from Texas Border Financial Highlights: • List Price - $1.25MM • Seller Financing Available with $250,000 Down Payment • 2.9x Room Revenue Multiplier • Low Price Per Key - $16,892 • $429,631 T12-August 2018 Room Revenue Broker of Record: Jennifer D. Stein | JDS Real Estate Services, Inc. | LA Broker #0995688204
PROPERTY TAXES
| Parcel Number | 0337608679 | Improvements Assessment | $180,000 |
| Land Assessment | $23,520 | Total Assessment | $203,520 |
PROPERTY TAXES
