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Comfort Inn Baton Rouge 4924 Constitution Ave

60 Room Hotel Baton Rouge, LA 70808 £4,459,965 (£74,333/Room) 9% Net Initial Yield

Executive Summary

Located on College Dr off I-10 and near LSU, busiest exit in Baton Rouge

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £4,459,965
Price Per Room £74,333
Sale Type Investment
Net Initial Yield 9%
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.86 AC
Building Size 41,859 SF
No. Rooms 60
Number of Floors 5
Year Built/Renovated 1997/2017
Tenancy Single
Parking Ratio 1.41/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • High Speed Internet Access
  • Public Access Wi-Fi
  • Smoke-Free
  • Multi-Room Suites

About 4924 Constitution Ave , Baton Rouge, LA 70808

60 Rooms Hotel and has been with choice almost 20 years, formerly build as a Holiday inn Express, Excellent condition with LTR score 7.8 right now

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 £79.03 -
Guest Room 56 £61.03 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00427993
Land Assessment
£40,101
Improvements Assessment
£221,535
Total Assessment
£261,636
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 32733710

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 4924 Constitution Ave, Baton Rouge, LA 70808

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