$1,700,000 plus 3% premium for the louisiana lafayette abberville unbranded hotel business & property. 99 units hotel, including 25 units with kitchenettes. It's an independent motel. Prime location near restaurants, shopping centers, entertainment, schools, and major events. Easy access to major highways. Seller financing available. Reasonable offers only. Absentee ownership. Conversion*( can be multifamily)*. Approved by the city. Built-in 1980. Building size 60,000 sft. Land size 2.60 acres. Square feet 113,256. Renovations: year 2026 (plumbing), replaced all plumbing in breese way (150k). Room's renovation year 2022: replaced furniture, beds ect. New carpet for all first floor rooms. Seller has been absentee last 4-5 years. Perfect for owner-operator. Growth in lodging demand is expected. As employment growth continues, the population is projected to grow. Please “do not disturb the employees” and call the saleh group for more information and showings, or visit us online.
- Asking Price:
- $1,700,000
- Sales Revenue:
- Undisclosed
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Real Property Included
- Size in square feet:
- 60,000
Business Operation
- Reasons for selling:
-
RETIREMENT
