234 Lobdell Hwy S | Port Allen, LA 70767
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234 Lobdell Hwy S
Port Allen, LA 70767
Red Roof Inn Port Allen · Hospitality Property For Sale · 54,226 SF
Investment Highlights
- Located in a growing area less than 20 minutes from Baton Rouge Metropolitan Airport
- Near major demand generators such as Downtown Baton Rouge, LSU Tiger Stadium, Louisiana State University, and the Port of Greater Baton Rouge
- SBA financing available with 20% or less down payment available
- Minimal remaining PIP costs are estimated at around $1,000 per key, which can be financed
- Value add opportunity for a new owner to increase RevPAR and decrease expenses
- 100-key fee-simple property offered significantly below replacement cost
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1978/2014 |
| Building Class | C | Parking Ratio | 2.58/1,000 SF |
| Lot Size | 3.01 AC | Corridor | Interior |
| Building Size | 54,226 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.01 AC |
| Building Size | 54,226 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1978/2014 |
| Parking Ratio | 2.58/1,000 SF |
| Corridor | Interior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
PROPERTY TAXES
| Parcel Number | 304510000900 | Improvements Assessment | £196,728 |
| Land Assessment | £83,386 | Total Assessment | £280,114 |
PROPERTY TAXES
Parcel Number
304510000900
Land Assessment
£83,386
Improvements Assessment
£196,728
Total Assessment
£280,114
zoning
| Zoning Code | C-2 (Commercial) |
| C-2 (Commercial) |
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