This Hospitality Property is no longer advertised on LoopNet.com.

2727 Monroe Hwy
Pineville, LA 71360
Hotel Plantation Pineville · Hospitality Property For Sale · 121,870 SF

Investment Highlights

  • Country Inn & Suites Pineville is strategically located directly off Monroe Highway and just 8.3 miles from Alexandria International Airport.
  • Opportunities for revenue enhancement through strategic marketing, pricing optimization, and cost management offer substantial upside for investors.
  • Asset includes a 6,600-square-foot convention center that holds up to 600 guests and can be divided into six meeting spaces.
  • Unencumbered by brand, a new owner can affiliate with an industry-leading brand such as Spark by Hilton or remain under the Country Inn & Suites flag.
  • Midscale/upper midscale hotels in the Louisiana North Market are forecasted to yield a $73 RevPAR in 2024, a 5.8% expansion year-over-year.
  • There is minimal new supply; no hotels are under construction in Rapides Parish.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 6.40 AC
Building Size 121,870 SF
No. Stories 3
Year Built 2007
Parking Ratio 2.9/1,000 SF
Corridor Interior
Zoning C - Commercial District
Parcel Number 24-001-00820-0019

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Listing ID: 31024412

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 2727 Monroe Hwy, Pineville, LA 71360

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}