2111 NW Evangeline Trwy - Hospitality FOR SALE


Lafayette, LA 70501- Central Lafayette Parish
$1,850,000 USD
805-500-2155
2111 NW Evangeline Trwy, Lafayette, LA for Sale
$1,850,000 USD
Hospitality - FOR SALE
1/9
null | Request Cap Rate

2111 NW Evangeline Trwy
Lafayette, LA 70501
Central Lafayette Parish


HIGHLIGHTS

  • 80 unit independent property
  • Two-story, exterior corridor
  • Offered at $23,125/key, 13.8% CAP Rate
  • 2024 Revenue: $480,811; 2024 NOI: $256,598
  • Conveniently located near the intersection of Interstate 10 and Interstate 49

OVERVIEW

The Bowman Post Group of NewGen Advisory is pleased to present for sale the Blue Star Inn – Lafayette, LA , an 80-unit economy hotel situated on 1.99 acres. The Blue Star Inn – Lafayette, LA represents a significant investment prospect within a robust regional market. This established property offers considerable scale and immediate operational capacity, providing a compelling opportunity to leverage Lafayette’s dynamic economic environment and consistent demand for accommodation. Interested parties are invited to explore the potential for substantial returns and long-term value appreciation inherent in this well-located asset.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$56 USD /SF

# OF ROOMS

80

PRICE/ROOM

$23,125 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blue Star Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1976

PARKING SPACES

85

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

C-1

APN/PARCEL ID

6015638

ASK ABOUT THIS PROPERTY

Kevin BleierNewGen AdMore Info
805-500-2155

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Kevin BleierNewGen AdMore Info
805-500-2155

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