5353 Paris Rd | Chalmette, LA 70043
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- LoopNet Team
5353 Paris Rd
Chalmette, LA 70043
Marina Inn & Suites Chalmette-New Orleans · Hospitality Property For Sale
·
87,120 SF
INVESTMENT HIGHLIGHTS
- Attractive Investment Opportunity Priced at 1.7x RRM (2022)
- In-Place Restaurant Lease
- Concrete-Constructed Built Priced Below-Replacement Cost at $32,629 Per Key
- High Cash Flow Property with 2022 Room Revenues of $2.49M and a Strong NOI of $1.57M in 2022
- Outdoor Swimming Pool and Whirlpool, Outdoor Barbecue Grills, and Guest Laundry Room
- Nearby Attractions Include: Jackson Square, the French Quarter, Bourbon Street, Caesars Superdome, and Ochsner Health Center
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2012 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.00 AC | Parking Ratio | 1.61/1,000 SF |
| Building Size | 87,120 SF | Corridor | Interior |
| Zoning | A-1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 87,120 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2012 |
| Tenancy | Single |
| Parking Ratio | 1.61/1,000 SF |
| Corridor | Interior |
| Zoning | A-1 |
AMENITIES
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 389900000027 | Improvements Assessment | $415,245 |
| Land Assessment | $21,825 | Total Assessment | $437,070 |
PROPERTY TAXES
Parcel Number
389900000027
Land Assessment
$21,825
Improvements Assessment
$415,245
Total Assessment
$437,070
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