Comfort Inn and Suites Zachary, Baton Rouge | 1686 E Mount Pleasant Rd
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Comfort Inn and Suites Zachary, Baton Rouge 1686 E Mount Pleasant Rd
70 Room Hotel Zachary, LA 70791 £5,177,106 (£73,959/Room) 6.77% Net Initial Yield
Investment Highlights
- Ideal Owner Operator Property
- $60 RevPar Market
- Historical Revenues Exceeding $1,700,000
- Significant Value-Add Opportunity
Executive Summary
HIGHLIGHTS AND LOCATION:
The 70-room Comfort Inn & Suites is located in Zachary, Louisiana. Situated just 80 miles from Armstrong New Orleans International Airport and a quick 20-minute drive from Baton Rouge Metropolitan Airport, this interior corridor, upper midscale property offers an ideal location for travelers. This well-appointed property is set on 1.99 acres and presents a fantastic investment opportunity in a thriving market.
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LA Broker of Record:
Brian Brockman
Bor@bangrealty.com
LA BROK.0995684990-ASA
Bang Realty, Inc
The 70-room Comfort Inn & Suites is located in Zachary, Louisiana. Situated just 80 miles from Armstrong New Orleans International Airport and a quick 20-minute drive from Baton Rouge Metropolitan Airport, this interior corridor, upper midscale property offers an ideal location for travelers. This well-appointed property is set on 1.99 acres and presents a fantastic investment opportunity in a thriving market.
*
*
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LA Broker of Record:
Brian Brockman
Bor@bangrealty.com
LA BROK.0995684990-ASA
Bang Realty, Inc
Property Facts
| Price | £5,177,106 | Lot Size | 1.99 AC |
| Price Per Room | £73,959 | Building Size | 31,209 SF |
| Sale Type | Investment | No. Rooms | 70 |
| Net Initial Yield | 6.77% | Number of Floors | 3 |
| Property Type | Hospitality | Year Built | 2017 |
| Property Subtype | Hotel | Parking Ratio | 2.05/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | £5,177,106 |
| Price Per Room | £73,959 |
| Sale Type | Investment |
| Net Initial Yield | 6.77% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.99 AC |
| Building Size | 31,209 SF |
| No. Rooms | 70 |
| Number of Floors | 3 |
| Year Built | 2017 |
| Parking Ratio | 2.05/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 15 | £79.23 | - |
| Guest Room | 55 | £72.17 | - |
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PROPERTY TAXES
| Parcel Number | 02498669 | Improvements Assessment | £176,492 |
| Land Assessment | £47,065 | Total Assessment | £223,557 |
PROPERTY TAXES
Parcel Number
02498669
Land Assessment
£47,065
Improvements Assessment
£176,492
Total Assessment
£223,557
zoning
| Zoning Code | C-1 (General Commercial Zone) |
| C-1 (General Commercial Zone) |
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Subhash Naik -
Corina Palekar -
Hotel Brokers of America
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Comfort Inn and Suites Zachary, Baton Rouge | 1686 E Mount Pleasant Rd
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