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Session Levingston Motel 400 Pete Harris Dr 42 Room Hotel Shreveport, LA 71101 $499,999 ($11,905/Room)

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INVESTMENT HIGHLIGHTS

  • Located in an opportunity zone.
  • New residential construction in the area, yielding a higher traffic count
  • Close to downtown Shreveport

EXECUTIVE SUMMARY

This 42-room motel property offers 41 1bed/2bath rooms and 1 2 bed/1bath room. Located in Choice Neighborhood which allows tax incentives.

PROPERTY FACTS

Price $499,999
Price Per Room $11,905
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.27 AC
Building Size 8,800 SF
No. Rooms 42
No. Stories 2
Year Built/Renovated 1970/2018
Corridor Exterior
Opportunity Zone Yes
Zoning Commercial - Commercial

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 42 $55.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
181436-018-0029-00
Land Assessment
$251
Improvements Assessment
$0
Total Assessment
$251
  • Listing ID: 16560404

  • Date on Market: 7/9/2019

  • Last Updated:

  • Address: 400 Pete Harris Dr, Shreveport, LA 71101

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