High Traffic/Visibility at I-10 & I-49
Hospitality
for Sale
Sale Pending
| Catylist Listing ID: |
30803892 |
| Property Subtypes: |
Hotel, Motel, Other
|
| Status: |
Pending |
| Number of Units: |
244 Units |
| Building Size (RSF): |
104,927 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
10 Acres
|
| Sale Price: |
$2,000,000 |
| Unit Price: |
$8,196.72 Per Unit |
| Property Use Type: |
Investment, Business |
| Building Name: |
Former Ramada Inn Motel/Holiday Inn North |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/28/2023 |
Overview / Comments
|
Commercial Opportunity awaits your plans. Amazing Visibility within the NE Quadrant at I-49 at I-10. This type location does not become available very often. Seize this opportunity. Ten Acres including the former Ramada Inn Motel/Holiday Inn North is available for sale. Acres of stabilized material surrounds the structures built of concrete blocks. A CH- Commercial Heavy zoning offers Multiple uses that can be repurposed from a once thriving location. Listing Agent to accompany all showings. Please schedule your private tour today.
|
Additional Details
| Nearest MSA: |
Lafayette |
| County: |
Lafayette |
| Submarket/Township: |
D |
| Tax ID/APN: |
6044351 |
| Zoning: |
CH- COMMERCIAL HEAVY |
| Retail Clientele: |
General, Family, Business, Traveler, Other |
| Property Located Between: |
Interstate 10 & Interstate 49 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Interstate 49 |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Property Condition: |
Poor |
| Construction/Siding: |
Block, Brick |
| Water Recreation: |
Outdoor Pool |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
SEC 50 T9S R4E (10 AC) (OLD HOLIDAY INN NORTH) (OLD RAMADA INN) |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,109 |
47,528 |
114,117 |
| Median Age: |
31.97 |
34.49 |
33.9 |
| Households: |
1,925 |
18,366 |
45,413 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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