130 Holiday Blvd - Hospitality FOR SALE


Covington, LA 70433
$6,700,000 USD
404-398-2090
130 Holiday Blvd, Covington, LA for Sale
$6,700,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

130 Holiday Blvd
Covington, LA 70433


HIGHLIGHTS

  • Brand New CCTV Security System installed in 2024
  • Inspections Consistently Top Rated
  • Numerous brand awards, including the 2025 Choice Gold Award Winner & other awards for previous years.
  • General Manager/Operator: Developed the hotel (since August 2006); GM since opening in 2009
  • Close to All Demand Generators
  • Bank Financing Available

OVERVIEW

Rooms: 70 Interior Corridor Year Built: 2009 Lot Size: 1.1 acres 3 Stories Close to All Demand Generators Bank Financing Available Opened: July 2009 Franchise Term: Expires June 2029 (20-year agreement) Ownership: JJ Hospitality Group LLC Site Area: 1.1 acres (with approx. 0.2 acres leased on the north end of the parking lot) Facility Overview: Total Rooms: 70 Total King Beds: 36 Total Queen Beds: 68 Room Types: o 21 King Standard Rooms o 28 Queen/Queen Standard Rooms o 6 King Studio Rooms o 7 King Suites - all with separate bedroom and sitting area o 4 Queen/Queen Suites – all with separate bedroom and sitting area ADA Rooms o 1 King Room with roll-in shower o 2 Queen/Queen Rooms o 1 King Suite with separate bedroom and sitting area Meeting Room: 624 sq. ft. Revenue: $4,000 (2021), $7,400 (2022), minimal (2023–2024, used for storage/breakfast), approx. $4,000 YTD 2025 All standard rooms (total 52) feature 50” TVs, while studios and suites feature dual 42”–43” TVs. Guest Laundry Pool Hot tub Elevator Fitness Room Property Features & Systems: Brand New CCTV Security System installed in 2024 Hot Water Systems: - Heater 1 replaced in March 2021 - Heaters 2 & 3 replaced August 2025 PTAC Units: 58 rooms equipped (many of the original units have been replaced; 4 brand new units in storage) VPTAC Units: 12 suites (8 have been replaced, 4 remain to be changed; 2 new in storage) Roof: Original, was repaired in August 2021 due to Hurricane Ida Fire Alarm System: installed date (2023) Elevator, Sliding Doors, and Main HVAC: Under active service contracts Wi-Fi System: Upgraded Staffing & Operations: The property benefits from long-tenured, stable staffing under the same operator since opening. General Manager/Operator: Developed the hotel (since August 2006); GM since opening in 2009 Maintenance: 12 years of service Housekeeping Supervisor: 15 years, plus long-term contract housekeeping staff Night Auditor: Long-term tenure Front Desk Agents: 3–8 years average tenure Breakfast Attendant: 3 years This experienced, loyal team contributes to consistently strong brand inspections and guest satisfaction. Property Inspections, Awards & Reviews: Inspections – Consistently Top Rated Last Brand Inspection was June 13, 2025 Overall Score: 90.1% LTR: 8.91 Cleanliness: 88.5% Condition: 89.5% Brand Standards: 93.4% Awards & Recognition: Numerous brand awards, including the 2025 Choice Gold Award Winner & other awards for previous years. Previous Country Inn & Suites Hotel of the Year winner Previous Country Inn & Suites finalist for Hotel of the Year winner Review/Medallia Metrics, running 365 days from Oct 24, 2024 – Oct 23, 2025) - LTR: 8.89 - Choice Review Score: 4.46 / 5 - Avg. 3rd Party Review Score: 4.45 / 5 - Overall Score: 8.90 / 10 - Rival Comparison Score: 4.5 vs 4.08 for our rivals, index score is 109 These consistently high operational and guest scores reflect strong on-site management and property condition. Competitive Set: STR Compset as of Sept 2025 - Country Inn & Suites by Radisson, Covington - Hampton Inn Covington/Mandeville - Holiday Inn Express Covington-Madisonville - Comfort Inn & Suites Covington/Mandeville - Comfort Suites Mandeville Other Area Hotels: - Boutique - The Southern Hotel - Full Service - Courtyard by Marriott Covington/Mandeville - Full Service - Holiday Inn Covington - Full Service - Hilton Garden Inn Covington/Mandeville - Extended Stay - Residence Inn by Marriott Covington Northshore - Extended Stay - WeStay Suites- Covington/Mandeville (transitioning to long-term stay facility) - Economy - Super 8 by Wyndham Covington - Economy - SureStay Plus by BW The Country Inn & Suites by Radisson – Covington, LA is conveniently located just two stoplights north of Interstate I-12, approximately 35 miles north of Downtown New Orleans and Louis Armstrong New Orleans International Airport. Positioned on the north shore of Lake Pontchartrain, this property offers excellent proximity to a wide range of attractions and destinations. The Abita Mystery House is located about 3 miles from the property, while Abita Brewing Company and access points for kayak trips along the Bogue Falaya River are also nearby. Other local points of interest include the Insta-Gator Ranch (6 miles), Dr. Wagner’s Honey Island Swamp (29 miles), and Fontainebleau State Park (10 miles). The French Quarter, Bourbon Street, and the Superdome are all within 39 miles. Additional nearby highlights include the Columbia Street Tap Room (3 miles), Smith H J & Sons General Store and Museum (3 miles), Tammany Trace (3 miles), Christ Episcopal Church (3 miles), and several recreation areas such as Pelican Park (6 miles), Coquille Sports Park (8 miles), and the Castine Center (9 miles). The hotel is also located approximately 26 miles from Hammond and 27 miles from University Center, offering convenient access to key regional landmarks. Location Highlights: 1. Strategic Interstate Access: It's conveniently positioned just two stoplights north of Interstate I-12. 2. Proximity to New Orleans: The hotel is approximately 35 miles from downtown New Orleans, offering convenient access to the French Quarter, Bourbon Street, and the Superdome. 3. Airport Accessibility: Louis Armstrong New Orleans International Airport (MSY) is about 39-40 miles away. 4. Cultural and Recreational Attractions: - Abita Mystery House: Approximately 6 miles. - Abita Brewing Company: About 7 miles - Fontainebleau State Park: Roughly 10 miles. 5. Educational and Community Hubs: - University Center: Approximately 26 miles. - Christ Episcopal Church, Abbey Youth Camp, and Land-O-Pines Family Campgrounds: 3 miles 6. Sports Facilities: Close to major sporting complexes including Pelican Park (9 miles), Coquille Sports Park (8 miles), and the Castine Center (10 miles). Key Demand Generators: Corporate & Industrial The Covington area has developed into a thriving commercial and industrial hub attracting both short- and long-term corporate travel demand: - Chevron Corporation – 1 mile - Medline Industries – 24 miles - Walmart Distribution Center – 18.5 miles - UPS Distribution Facility – 3.5 miles - FedEx Distribution Center – 8.5 miles - KIA Automotive Service Center – 1 mile - Amprical Electric – 2 miles - GlobalStar Telecommunications Headquarters – 2 miles - Top Velocity Baseball Training Center – 6.5 miles - St. Joseph’s Abbey & Seminary College – 7.5 miles - Ear Blance Institute – 6 miles - Southern Bread (Panera Bread) Manufacturing – 5 miles - Acadian Ambulance Service Headquarters – 3.5 miles - Laborde Products (Marine Engine Operations Center) – 6 miles - Cleco and Entergy Utility Crews – regularly house storm restoration teams at the property during major weather events. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$177 USD /SF

# OF ROOMS

70

PRICE/ROOM

$95,714 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Country Inn & Suites By Radisson Covington

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

57

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C-2

APN/PARCEL ID

27005

ASK ABOUT THIS PROPERTY

Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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Raiyan RabNumarix Real Estate ServicesMore Info
404-398-2090

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