2727 Monroe Hwy 165 | Pineville, LA 71360
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This Hospitality Property is no longer advertised on LoopNet.com.
2727 Monroe Hwy 165
Pineville, LA 71360
Country Inn & Suites by Radisson, Pineville · Hospitality Property For Sale
·
119,651 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 | Building Size | 119,651 SF |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2007 |
| Property Subtype | Hotel | Parking Ratio | 1.95/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 8.00 AC | Parcel Number | 24-001-00820-0019 |
| Zoning | C - Commercial District | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.00 AC |
| Building Size | 119,651 SF |
| No. Stories | 3 |
| Year Built | 2007 |
| Parking Ratio | 1.95/1,000 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 165, Pineville, LA 71360
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