This Property is no longer advertised on Showcase.com.
Off Market
1/12

4 Galleria Blvd
Metairie, LA 70001


HIGHLIGHTS

  • Seller has already Invested Over $6.5 Million in CapEx improvements to date.
  • An Additional $2.5 Million is Planned for Future Capital Expenditures to complete the Lobby, Public Areas, and Banquet Spaces.
  • Development Plans are Available Upon Request.
  • Property will be Delivered Turnkey with No PIP Requirements from Sheraton by Marriott.
  • Projected 2025 Revenue is Expected to Exceed $7 Million.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Sheraton Metairie - New Orleans Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

135750

STORIES

7

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2002

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

BC2

APN/PARCEL ID

0820011512