Newly Updated LaQuinta Hotel near Tanger Outlet and Lamar Dixon
Hospitality
for Sale
| Catylist Listing ID: |
30851649 |
| Property Subtypes: |
Hotel
|
| Number of Units: |
60 Units |
| Building Size (RSF): |
See Agent |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.24 Acres
|
| Sale Price: |
$7,200,000 |
| Unit Price: |
$120,000 Per Unit |
| Property Use Type: |
Investment, Business |
| Name of Establishment: |
LaQuinta |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/28/2023 |
Overview / Comments
Now available for sale, 2816 S Cabela’s Pkwy is a 60 room LaQuinta located in Gonzales with direct access to I-10. It is equipped with a pool, brand-new gym, and a cafe. This hotel is fully operational and has undergone substantial renovations under current ownership. S Cabela’s Pkwy is located right off of Hwy 30 W, directly across from the Tanger Outlet mall which features national retailers such as Nike, Under Armour, Old Navy, Coach, and more. S Cabela’s Pkwy also runs parallel with Outfitter’s Dr, a rapidly developing corridor with recent projects including Walk-On’s and Olive Garden. The hotel additionally capitalizes on the heavy tourism produced by Lamar Dixon, a popular Expo Center just ±4 minutes away.
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Additional Details
| Nearest MSA: |
Baton Rouge |
| County: |
Ascension |
| Submarket/Township: |
92 |
| Tax ID/APN: |
20031820 |
| Zoning: |
C-1 – LIMITED COMMERCIAL |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Convention, Casino, Other |
| Largest Nearby Street: |
Hwy 30, I-10 |
| Traffic/Vehicle Count: |
4,874 |
| Airports: |
Baton Rouge Metropolitan Airport (BTR) |
| Total Number of Buildings: |
1 |
| Number of Stories: |
4 |
| Property Condition: |
Excellent |
| Year Renovated: |
2023 |
| Total Parking Spaces: |
70 |
| Parking Type: |
Surface |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
19,855 |
41,302 |
| Median Age: |
34.22 |
34.66 |
| Households: |
7,120 |
14,828 |
|
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