Motel For Sale

Hospitality for Sale
Catylist Listing ID: 30834961
Property Subtypes: Motel
Number of Units: 100 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $7,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Business
Name of Establishment: Town & Country Motel
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/7/2023

Overview / Comments

This 1960 built motel currently has 50 rooms operating, approximately built on 4.5 acres. It is located about 1 mile away from Bossier Parish Community College in between Swan Lake Rd and Highway 80. It has potential for Bar/restaurant.

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Bossier
Tax ID/APN: S870 0006
Retail Clientele: Business
Property Located Between: Swan Lake Rd & Hwy 80
Property Visibility: Excellent
Largest Nearby Street: E Texas
Number of Stories: 1
Property Condition: Average
Year Built: 1960
Year Renovated: 2021
Roof Type: Flat
Parking Type: Surface
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,014 41,207 107,179
Median Age: 29.7 32.37 34.56
Households: 2,759 16,380 43,827

Contact

Photograph of Listing Agent

Aparna Jain

Pinnacle Realty Advisors Shreveport, LA 71101
LACDB Member
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