5131 University Pky | Natchitoches, LA 71457
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5131 University Pky
Natchitoches, LA 71457
Best Western Natchitoches Inn · Hospitality Property For Sale
·
36,690 SF
INVESTMENT HIGHLIGHTS
- The hotel achieved $1,280,000 (rounded) in rooms revenue last year, registering a $55 RevPAR level—its peak performance since 2021.
- Stable topline operating performance with an average rooms revenue of $1,150,000 (rounded) recorded over the last three years.
- Over the past 14 years, only three new hotels have opened in Natchitoches, creating a market with reduced competition.
- Stabilized rooms revenue next year is anticipated to exceed $1,430,000 ($62 RevPAR), with an NOI flow-through of $504,000 (rounded).
- With a current penetration index of 78.0%, there's opportunity for a new operator to increase occupancy and RevPAR upon PIP completion.
- Strategic location off I-49, serving a mixed clientele consisting of oil & gas (O&G) workers, construction workers, & transient highway travelers.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2021 |
| Building Class | C | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 2.00 AC | Corridor | Interior |
| Building Size | 36,690 SF | ||
| Zoning | C - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 36,690 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2021 |
| Parking Ratio | 2.67/1,000 SF |
| Corridor | Interior |
| Zoning | C - Commercial |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 0011090950 | Improvements Assessment | $228,060 |
| Land Assessment | $22,020 | Total Assessment | $250,080 |
PROPERTY TAXES
Parcel Number
0011090950
Land Assessment
$22,020
Improvements Assessment
$228,060
Total Assessment
$250,080
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