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4 Galleria Blvd
Metairie, LA 70001
Sheraton Metairie - New Orleans Hotel · Hospitality Property For Sale
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135,750 SF
Investment Highlights
- Seller has already Invested Over $6.5 Million in CapEx improvements to date.
- Development Plans are Available Upon Request.
- Projected 2025 Revenue is Expected to Exceed $7 Million.
- An Additional $2.5 Million is Planned for Future Capital Expenditures to complete the Lobby, Public Areas, and Banquet Spaces.
- Property will be Delivered Turnkey with No PIP Requirements from Sheraton by Marriott.
Property Facts
| Property Type | Hospitality | No. Stories | 7 |
| Property Subtype | Hotel | Year Built/Renovated | 2002/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.08 AC | Corridor | Interior |
| Building Size | 135,750 SF | ||
| Zoning | BC2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 135,750 SF |
| No. Stories | 7 |
| Year Built/Renovated | 2002/2023 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | BC2 |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 0820011512 | Improvements Assessment | $1,529,700 |
| Land Assessment | $180,200 | Total Assessment | $1,709,900 |
Property Taxes
Parcel Number
0820011512
Land Assessment
$180,200
Improvements Assessment
$1,529,700
Total Assessment
$1,709,900
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