For Sale
$839,000

15368 La-26Jennings, LA 70546

29-Key Hotel, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This turnkey hotel investment opportunity presents the Budget Inn Jennings, a 29-key property situated on a 1.2-acre lot at 15368 LA-26, Jennings, LA 70546. The 16,772 square foot building, constructed in 1986, offers significant potential for return. The asking price is $839,000, translating to an attractive price per key of $28,931. The property benefits from its location within a thriving community, boasting a projected 2024 median household income of $53,923 within a one-mile radius. The MV zoning designation provides flexibility for future development or operational adjustments. This established hotel presents a compelling opportunity to capitalize on the consistent demand for lodging in the area. The property's size and established infrastructure make it an ideal acquisition for investors seeking a profitable venture in the hospitality sector. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-located, established hotel in a growing market. Serious inquiries only.

Highlights

  • Asking Price: $839,000
  • Property Type: 29-key Hotel in Jennings, LA
  • Year Built: 1986, 16,772 SF building on 1.2 acres
  • Location: 15368 LA-26, Jennings, LA 70546
  • Zoning: MV

Property Details for 15368 La-26

Property type
Hospitality properties, Hotels
Year Built
1986
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Jennings
County
Jefferson Davis Parish
State
Louisiana
Latitude
30.2559699
Longitude
-92.6630009
15368 La-26, Jennings, Louisiana

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15368 La-26
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