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- LoopNet Team
1698 Highway 190
Eunice, LA 70535
Holiday Inn Express Eunice · Hospitality Property For Sale
·
48,678 SF
INVESTMENT HIGHLIGHTS
- Fully Renovated 68-Room IHG Property that Sits on More Than 3 Acres of Prime Property on Hwy 190 in Eunice – the “Prairie” Cajun Capital of Louisiana
- Board Style Meeting Room On – Site
- Franchise Term Expires in 2031 – Formula Blue Completed in 2020 – Estimated Costs $2.2M
- Property is Owned by Inexperienced Absentee, Out of State Operator
- Holiday Inn is a Globally Recognized Hospitality Franchise with 6,000 Hotels - One (1) Million Guest Rooms
- Stable Revenues Average above $1.3 Million since 2019 and Offered below $8.4 Million Appraisal Value and Replacement Costs
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 48,678 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 2009/2020 |
| Lot Size | 3.04 AC | Corridor | Interior |
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.04 AC |
| Building Size | 48,678 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2020 |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 1698 HIGHWAY 190 , EUNICE, LA 70535
The Holiday Inn Express Eunice is located at 1698 Highway 190 West in Eunice, Louisiana, positioned just off U.S. Highway 190. The 68-room, three-story, building was constructed in 2009 and renovated with a complete Formula Blue property improvement plan (PIP) in 2020. The Hotel maintains a wide variety of high-quality amenities and common areas, such as an indoor pool with a hot tub, breakfast area, fitness center, 400 square feet of board-style meeting room space, and 1.5 acres of unused land that could potentially be developed into a storage facility, another hotel, or an event venue.
PROPERTY TAXES
| Parcel Number | 0602954600 | Improvements Assessment | $602,740 |
| Land Assessment | $30,000 | Total Assessment | $632,740 |
PROPERTY TAXES
