5135 University Pkwy - Hospitality FOR SALE
Natchitoches, LA 71457 |
5135 University Pkwy
Natchitoches, LA 71457
HIGHLIGHTS
- The hotel's topline operating performance is considered stable, with an average rooms revenue of $577,000 (rounded) over the last three years.
- With current "hands-off" ownership, numerous improvement opportunities exist, leading to reduced rooms expenses and administrative & general expenses.
- Over the past three years, the hotel has registered an average gross operating profit (GOP) of 13.33%, when it should achieve a GOP margin of 35-40%.
- Stabilized rooms revenue next year is anticipated to exceed $712,000 ($30 RevPAR), with an NOI flow-through of $230,000 (rounded).
- The 65-key count is an ideal size for either a first-time owner/operator or an experienced regional investor looking to expand their portfolio.
- Only three new hotels have opened in Natchitoches over the past 14 years, creating a market with reduced competition.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Days Inn by Wyndham Natchitoches
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
33808
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1992
PARKING SPACES
63
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
B-I
APN/PARCEL ID
0011386000
