1700 Commerce Blvd - Hospitality FOR SALE


Opelousas, LA 70570
$6,500,000 USD
214-799-4629
1700 Commerce Blvd, Opelousas, LA for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

1700 Commerce Blvd
Opelousas, LA 70570


HIGHLIGHTS

  • The hotel generated $2.05M in rooms revenue in 2024, reflecting a 10.4% YOY increase. Since 2021, the hotel has averaged $2.11M in avg. rooms revenue.
  • Considering the hotel’s current GOP of 29.2%, compared to the competitive market's range of 35.0%–40.0%, upside exists for a more engaged operator.
  • Strategically located near I-49, offering frontage road access with strong visibility along this key interstate that connects Lafayette & Shreveport.
  • The $7.5M renovation of Donald Gardner Stadium & South City Park will expand Opelousas’ capacity to host sporting events, boosting year-round demand.
  • A $3.3M road improvement project within 1/2 mi from the property will bring lodging demand from construction crews & enhance long-term connectivity.
  • Upon acquisition and franchisee approval, an investor can expect a new, 15-year franchise license agreement with Hilton.

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/email/index/154488 HVS Brokerage & Advisory, in cooperation with Eric Vincent Guerrero, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 80-key Hampton Inn by Hilton in Opelousas, Louisiana. The hotel asset is currently owned by an out-of-state investor and is operated by a third party, providing an excellent upside opportunity for a new, more aggressive owner/operator. PRICE REDUCTION: $6,500,000??????? Ownership is motivated to sell the property and has agreed to reduce the price to $6,500,000, or $81,250 per key. Please contact Matt Almy for more details.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$135 USD /SF

# OF ROOMS

80

PRICE/ROOM

$81,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Inn by Hilton Opelousas

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2017

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

0102454000C

ASK ABOUT THIS PROPERTY

Matt AlmyHVSMore Info
214-799-4629

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Matt AlmyHVSMore Info
214-799-4629

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