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230 Blanchard Street - Woodspring Suites Hotel, West Monroe, LA

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230 Blanchard Street - Woodspring Suites Hotel

West Monroe, LA 71291-7370


Property Type:Hospitality Number of Rooms:123 Status:Existing Year Built:2017
Stories:3 Building Size:71,000 SF Land Area:1.45 AC (63,162 SF)
For Sale Price:$7,999,111 Price/Room:$65,033 Cap Rate:-

Parking: Parking Spaces / 1,000 SF



Sale Notes:
NewGen Advisory is pleased to offer all new construction Woodspring Suites Hotel in West Monroe, Louisiana.
PROPERTY HIGHLIGHTS :
• Opened in the 4th quarter of 2017, this newly built 4-story property features 123 beautifully designed suites with full
kitchen facilities.
• Offered at $65,000 per key, this property is a steal for one of the fastest growing brands in the hospitality industry.
• There is no better turnkey new build in the Monroe, Louisiana market poised for success than this property.
• The asset is positioned in a market that will boost both strong demands and leading annual RevPAR growth.

Broker Of Record for Louisiana : Jennifer D. Stein, JDS Real Estate Services, Inc. 1221 Puerta Del Sol, Suite 600; San Clemente, CA 92673
Phone: (213) 446-5366 Email: jstein@jdsreservices.com

NewGen Advisory
Bharat Vakil-Patel
(972) 522-0160




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