PROPERTY DESCRIPTION The Kohler Team at KW Commercial are pleased to present the 141 Room Trident Inn & Suites New Orleans, a fully renovated asset, mid-stabilization, with increasing demand due to uptick in tourism and construction/ongoing operations of key infrastructure projects relating to the regions growing Tourism, manufacturing, distribution, and freight based economy. The Hotel was flagged as a Quality Inn. In October 2019, it was converted to an Independent property. Notable improvements include replacement of all soft and hard goods, carpet/luxury vinyl flooring, marble counter tops, brand new two hot water heater, etc. The hotel has a consistent guest base and a proven history of annual revenues achieving nearly $2.4 Million in Gross sales and a lot of potential with an active operator. The average NOI of the past 4 years is $843,038, proving strong operating potential for this location and the opportunity for a strong operation for any prospective purchaser. The property is located approximately 4 miles from Port of New Orleans expansion, 12 miles from The French Quarter and Biomedical district, 3 miles from NASA’s Michoud Assembly “America’s Rocket Factory”, and 19 miles from a new multimodal container terminal ($1.5 Billion TDC with $97 Million earmarked). Do not approach staff or disturb operations. Pre-scheduled tour only to prequalified parties.