For Sale
$2,499,999

7271 Airline HwyBaton Rouge, LA 70805

97-Room Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 97-key extended-stay hotel in Baton Rouge, Louisiana, presents a lucrative investment opportunity. Located at 7271 Airline Highway, 70805, this property boasts a prime location just minutes from downtown Baton Rouge, offering convenient access to major employers including Exxon Plant, a Paper Mill, and a Tree Landscaping company. The hotel features newly renovated rooms, each equipped with a full kitchenette, free Wi-Fi, and comfortable furnishings (double or king-sized beds). Amenities include a gated community with security cameras, a picnic area, BBQ area, basketball and volleyball courts, and a laundromat. The current business model caters to a diverse clientele, including business travelers, students, medical professionals, and visitors, with many repeat guests staying for periods ranging from one week to one month. The property's strong occupancy rates are supported by established weekly and monthly rates, ranging from $350 to $1200 per month, depending on room size and configuration. The seller may consider seller financing for qualified buyers, with a down payment of $950,000 and terms negotiable. This property offers significant potential for continued operation as an extended-stay hotel or conversion into a multi-family apartment complex. The property previously had 150 rooms and was converted to 95 rooms approximately four years ago

Highlights

  • 97-key extended-stay hotel in Baton Rouge, LA, at 7271 Airline Highway, 70805.
  • Prime location minutes from downtown, near major employers.
  • Newly renovated rooms with kitchenettes, Wi-Fi, and comfortable furnishings.
  • Amenities include gated security, picnic/BBQ areas, sports courts, and laundromat.
  • Strong occupancy rates with established weekly/monthly rates ($350-$1200/month).
  • Seller financing considered with $950,000 down payment; terms negotiable.

Property Details for 7271 Airline Hwy

Property type
Hospitality properties, Motels

Location Insight

City
Baton Rouge
County
East Baton Rouge
State
Louisiana
Latitude
30.4818757
Longitude
-91.1143934
7271 Airline Hwy, Baton Rouge, Louisiana

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7271 Airline Hwy
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