For Sale
$1,429,999

1801 5Th St Leesville, LA 71446

Profitable Motel, Restaurant & Rentals

Overview

Added:
Dec 11, 2024
Days on market:
137
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

FAQs

What type of property is this?
Mixed-use property - Profitable Motel, Restaurant & Rentals
Where is the mixed-use property located?
The property is located at 1801 5Th St Leesville, LA.
What is the asking price?
The asking price for this property is $1,429,999.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1801 5Th St
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