234 Lobdell Hwy S | Port Allen, LA 70767
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234 Lobdell Hwy S
Port Allen, LA 70767
Red Roof Inn Port Allen · Hospitality Property For Sale
·
43,813 SF
Investment Highlights
- Located in a growing area less than 20 minutes from Baton Rouge Metropolitan Airport
- Near major demand generators such as Downtown Baton Rouge, LSU Tiger Stadium, Louisiana State University, and the Port of Greater Baton Rouge
- SBA financing available with 20% or less down payment available
- Minimal remaining PIP costs are estimated at around $1,000 per key, which can be financed
- Value add opportunity for a new owner to increase RevPAR and decrease expenses
- 100-key fee-simple property offered significantly below replacement cost
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1978/2018 |
| Building Class | B | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 2.86 AC | Corridor | Interior |
| Building Size | 43,813 SF | ||
| Zoning | C-2 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.86 AC |
| Building Size | 43,813 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2018 |
| Parking Ratio | 1.52/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - Commercial |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
Property Taxes
| Parcel Number | 304510000900 | Improvements Assessment | $263,690 |
| Land Assessment | $112,090 | Total Assessment | $375,780 |
Property Taxes
Parcel Number
304510000900
Land Assessment
$112,090
Improvements Assessment
$263,690
Total Assessment
$375,780
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