5131 University Pky | Natchitoches, LA 71457
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5131 University Pky
Natchitoches, LA 71457
Best Western Natchitoches Inn · Hospitality Property For Sale · 36,690 SF
Investment Highlights
- The hotel achieved $1,280,000 (rounded) in rooms revenue last year, registering a $55 RevPAR level—its peak performance since 2021.
- Stable topline operating performance with an average rooms revenue of $1,150,000 (rounded) recorded over the last three years.
- Over the past 14 years, only three new hotels have opened in Natchitoches, creating a market with reduced competition.
- Stabilized rooms revenue next year is anticipated to exceed $1,430,000 ($62 RevPAR), with an NOI flow-through of $504,000 (rounded).
- With a current penetration index of 78.0%, there's opportunity for a new operator to increase occupancy and RevPAR upon PIP completion.
- Strategic location off I-49, serving a mixed clientele consisting of oil & gas (O&G) workers, construction workers, & transient highway travelers.
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2021 |
| Building Class | C | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 2.00 AC | Corridor | Interior |
| Building Size | 36,690 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 36,690 SF |
| Number of Floors | 2 |
| Year Built/Renovated | 1997/2021 |
| Parking Ratio | 2.67/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Pool
- High Speed Internet Access
- Patio
- Public Access Wi-Fi
PROPERTY TAXES
| Parcel Number | 0011090950 | Improvements Assessment | £174,224 |
| Land Assessment | £16,823 | Total Assessment | £191,047 |
PROPERTY TAXES
Parcel Number
0011090950
Land Assessment
£16,823
Improvements Assessment
£174,224
Total Assessment
£191,047
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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