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50 Terry Pky
Gretna, LA 70056
La Quinta Inn by Wyndham New Orleans West · Hospitality Property For Sale
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81,292 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1984/2006 |
| Building Class | C | Tenancy | Single |
| Lot Size | 3.70 AC | Parking Ratio | 1.57/1,000 SF |
| Building Size | 81,292 SF | Corridor | Exterior |
| Zoning | MUCD - Commercial Development | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.70 AC |
| Building Size | 81,292 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1984/2006 |
| Tenancy | Single |
| Parking Ratio | 1.57/1,000 SF |
| Corridor | Exterior |
| Zoning | MUCD - Commercial Development |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
ABOUT 50 TERRY PKY , GRETNA, LA 70056
Fee simple interest in the institutionally owned and recently brand managed 154-room La Quinta by Wyndham Gretna New Orleans, LA Strong operational upside in transitioning out of larger national third-party operator Available unencumbered of debt and third-party management Proximate to all core local Gretna demand Acme Truck Line, Jean Lafitte National Historical Park & Preserve, Boomtown Casino and West Bank Ochsner Medical Center Ideally situated along the Mississippi River just minutes from downtown New Orleans, French Quarter, Bourbon Street, Central Business District, Mercedes Benz Superdome, Smoothie King Center, and the New Orleans Convention Center Optimal time to be investing in the broader New Orleans market with drive-to leisure market occupancy and ADR continuing to outpace the broader national recovery Louisiana’s post-pandemic state’s economy recovery is expected to surpass 2019 level by year-end 2022 in part led by the strength of Louisiana’s natural gas and oil industry
PROPERTY TAXES
| Parcel Number | 0200010032 | Improvements Assessment | $83,790 |
| Land Assessment | $79,480 | Total Assessment | $163,270 |
PROPERTY TAXES
