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42126 Veterans Ave
Hammond, LA 70403
La Quinta Inn and Suites - Hammond · Hospitality Property For Sale
·
37,825 SF
INVESTMENT HIGHLIGHTS
- Offered Well Below Replace Cost with Recent Appraised Value of $5.4 Million
- Performing Hotel . High Cap Rate
- Owner Financing May Be Available to Qualified Investors with 20-25 % Down payment
- Absentee Owner . Employee Operated
- Premium Location
PROPERTY FACTS
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Digital key
ABOUT 42126 VETERANS AVE , HAMMOND, LA 70403
Excellent Location with close proximity to all Demand Generators.This beautiful well constructed hotel is centrally located to the city’s medical district and within walking distance of area restaurants, theater, entertainment and activities. The hotel offers ideal access to everything Hammond ,Louisiana. Located in the heart of the medical district. Walking distance to over a dozen hospitals, clinics and technical universities. In addition to close proximity to an array of medical specialty services and higher-educational institutions, this hotel is also centrally located to a number of dining and entertainment options that keep the locals busy on their off-hours. Close proximity to shopping, theaters, sports, outdoor recreation and historical attractions. Interstate Location ,great visibility with easy access to local highways.44.75 miles from Hammond to New Orleans.In 2017 building and business apprised for 5.4 million . Owner's are in Gas station business and doesn't have time and experience to operate the hotel efficiently. its running by GM and full staff. 2016 room revenue well exceeded 1.6 million! rare Opportunity to purchase this La Quinta Franchise Hotel for well below replacement cost. Approved Bank Financing Available .
PROPERTY TAXES
| Parcel Number | 06132111 | Improvements Assessment | $65,157 |
| Land Assessment | $0 | Total Assessment | $65,157 |
PROPERTY TAXES
