For Sale
$1,429,999

1801 5Th StLeesville, LA 71446

Profitable Motel, Restaurant & Rentals

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property in Leesville, Louisiana, presents a unique investment opportunity. Located on 1.8 acres at 1801 S 5th Street, this Class B property boasts a prime location along Highway 171, near major franchises like McDonald's, Whataburger, AutoZone, and Taco Bell, ensuring high visibility and traffic. The property includes a 17-unit motel with individual bathrooms, generating consistent rental income. A significant income stream is also provided by a 3385 square-foot restaurant currently leased to China Wok Buffet. Further diversifying the revenue streams are five additional rental properties on the site. These combined rental properties generate approximately $59,000 in annual cash flow. The asking price is $1,429,999. This property offers flexibility

Highlights

  • High-visibility location on Hwy 171 in Leesville, LA, near McDonald's, Whataburger, AutoZone, and Taco Bell.
  • Profitable 17-unit motel with private bathrooms, offering potential for sales leaseback.
  • 1.8-acre site with redevelopment potential.
  • Strong cash flow: ~$59,000 annual net operating income from motel, restaurant (China Wok Buffet), and five additional rental units.
  • Asking price: $1,429,999.

Property Details for 1801 5Th St

Property type
Mixed-use properties, Hospitality properties
Class
B

Location Insight

City
Leesville
County
Vernon Parish
State
Louisiana
Latitude
31.124575132496
Longitude
-93.267901099957
1801 5Th St, Leesville, Louisiana

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1801 5Th St
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