10645 Reiger RdBaton Rouge, LA 70809

This exceptional 82-key hotel, the Trident Inn & Suites, presents a lucrative investment opportunity in Baton Rouge, Louisiana. Located at 10645 Reiger Rd, this three-story, 32,640 square foot interior corridor hotel sits on a 1.76-acre lot. Built in 1997, the property has undergone significant renovations in the past two years, exceeding $750,000 in improvements to interior and exterior spaces, the manager's apartment, and safety and security systems. The hotel benefits from a convenient location off Interstate-10, making it easily accessible. The property is currently absentee-managed, offering new owners the potential to control expenses and increase revenue. Multiple franchise brand options are available. Furthermore, pre-approval from lenders for qualified buyers is in place, encompassing SBA 7a, SBA 504, and conventional loan programs. Priced significantly below replacement cost, this hotel represents a compelling investment with strong potential for return. The asking price is $5,000,000, translating to $153.19 per square foot.