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La Quinta Inns & Suites Alexandria Airport 6116 W Calhoun Dr

117 Room Hotel Alexandria, LA 71303 For Sale

Investment Highlights

  • Opportunity to acquire a 117-room La Quinta Inns & Suites that is in excellent condition, requiring minimal capital improvements for a new ownership.
  • In 2023, the La Quinta posted a net operating income (“NOI”) of approximately $893 thousand.
  • The current owner is located out-of-state and operating the hotel absentee.

Executive Summary

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the La Quinta Inns & Suites in Alexandria, Louisiana. The hotel is located off Highway 49, two miles from Alexandria International Airport, with easy access to Alexandria’s most popular attractions, renowned academic institutions, and corporate offices. Thanks to its ideal location, the property receives business from a diverse population of both transient and leisure segments.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.66 AC
Building Size 62,696 SF
No. Rooms 117
Number of Floors 4
Year Built/Renovated 1997/2017
Parking Ratio 1.79/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 £93.21 -
Guest Room 113 £83.81 -

zoning

Zoning Code C-1 (Commercial District, Limited)
C-1 (Commercial District, Limited)
  • Listing ID: 32968753

  • Date on Market: 27/08/2024

  • Last Updated:

  • Address: 6116 W Calhoun Dr, Alexandria, LA 71303

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