1024 Bridge City Ave - Hospitality FOR SALE


Westwego, LA 70094
$975,000 USD
504-513-6652
1024 Bridge City Ave, Westwego, LA for Sale
$975,000 USD
Hospitality - FOR SALE
1/3
null | Request Cap Rate

1024 Bridge City Ave
Westwego, LA 70094


HIGHLIGHTS

  • Renovated in 2016 and updated with a new roof in 2019

OVERVIEW

30-room motel featuring a robust brick construction and extensive parking with expansion possibilities. Renovated in 2016 and updated with a new roof in 2019, it includes a fully-equipped owner/manager suite. Ideally located next to the Huey P Long Bridge, it offers quick access to Elmwood shopping and downtown New Orleans. Additionally, a fully paved lot across the street is available for sale by another owner, providing further development opportunities.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

30

PRICE/ROOM

$32,500 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bridge View Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1995

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C2

APN/PARCEL ID

9450002527

ASK ABOUT THIS PROPERTY

TJ SmithNola Living RealtyMore Info
504-513-6652

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TJ SmithNola Living RealtyMore Info
504-513-6652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.