This Hospitality Property is no longer advertised on LoopNet.com.

807 S Hugh Wallis Rd
Lafayette, LA 70508
ESA Lafayette LA · Hospitality Property For Sale · 43,272 SF

Investment Highlights

  • Fee-simple interest in the corporate-owned and managed 104-room Extended Stay America (ESA) Lafayette Airport.
  • Ability to purchase any combination of the 20-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
  • Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
  • Tours Available July 13 & 14. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
  • Strong in-place performance with trailing 12 occupancies at 101% index.
  • Product type with fully equipped kitchens is ideal for potential residential conversion or other alternative use pending zoning and local approval.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.20 AC
Building Size 43,272 SF
No. Stories 3
Year Built/Renovated 1998/2002
Tenancy Single
Parking Ratio 2.57/1,000 SF
Corridor Interior
Parcel Number 6102430

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Listing ID: 28675933

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 807 S Hugh Wallis Rd, Lafayette, LA 70508

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