High Traffic/Visibility at I-10 & I-49
Hospitality
for Sale
| Catylist Listing ID: |
30803892 |
| Property Subtypes: |
Hotel, Motel, Other
|
| 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: |
4/2/2024 |
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 |
|
© Copyright 2024 Moody's. All Rights Reserved.
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.
|
