58506 Yaupon Dr - Hospitality FOR SALE


Slidell, LA 70461- Outlying St Tammany Parish
$1,700,000 USD
985-629-3500
58506 Yaupon Dr, Slidell, LA for Sale
$1,700,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate


OVERVIEW

Seize this incredible opportunity to own a well-established motel in Slidell, Louisiana, strategically located on 1 acre of land. This spacious 63-room property offers a mix of 23 king rooms, 8 double rooms, and 32 single rooms, catering to both short-term and extended-stay guests. 10 rooms need to be renovated Property Highlights: Room Configurations: King & Double Rooms: 11'11" x 23'7" (265 SF) Single Rooms: 10'10" x 19'7" (200 SF) All rooms feature tub/shower combos for guest convenience. Current Rental Rates: King Room: $320/week | $55/night Single Room: $280/week | $50/night Double Room: $340/week | $60/night

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$85 USD /SF

# OF ROOMS

63

PRICE/ROOM

$26,984 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olivia Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1996

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

NC-2

APN/PARCEL ID

37159

ASK ABOUT THIS PROPERTY

Brent CordellKPG Realty - The Cordell Eustis GroupMore Info
985-629-3500

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

Brent CordellKPG Realty - The Cordell Eustis GroupMore Info
985-629-3500

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