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
1/80
null | Request Cap Rate

130 Holiday Blvd
Covington, LA 70433


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) 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). 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.