701 4th St - Hospitality FOR SALE


Alexandria, LA 71301
$16,500,000 USD
404-398-2090
701 4th St, Alexandria, LA for Sale
$16,500,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

701 4th St
Alexandria, LA 71301


HIGHLIGHTS

  • Hotel is located 1 mile off Interstate I-49
  • 1 mile from Downtown Alexandria
  • 1 mile from Downtown Alexandria
  • Bank Financing Available

OVERVIEW

Rooms: 168 Interior Corridor Lot Size: 2.45 acres 7 Stories Hotel is located 1 mile off Interstate I-49 1 mile from Downtown Alexandria Close to All Demand Generators Bank Financing Available Holiday Inn Alexandria - Downtown by IHG is a well-positioned hotel, in the heart of the city's central business district. The property is situated just 1 mile from Downtown Alexandria and approximately 1 mile off Interstate I-49, providing excellent accessibility while benefiting from a prominent downtown location along the banks of the Red River. The hotel is surrounded by Alexandria's entertainment, dining, government, and commercial district, placing it within close proximity to many of the city's most notable attractions and institutions. Nearby landmarks include River Oaks Square Arts Center (1 mile), Alexandria Museum of Art (1 mile), Arna Bontemps African American Museum (1 mile), Rapides Parish Courthouse (1 mile), Kent Plantation House (4 miles), Alexandria Zoological Park (3 miles), Johnny Downs Sports Complex (4 miles), Pineville Recreation Complex (3 miles), Louisiana Christian University (4 miles), and Jena Choctaw Pines Casino (13 miles). The property is also centrally positioned between Shreveport and Baton Rouge, enhancing its regional connectivity. Alexandria International Airport (AEX) is located approximately 8 miles from the hotel, offering convenient commercial air service. Its downtown riverfront setting, excellent interstate access, and proximity to major employers, healthcare facilities, government offices, entertainment venues, and cultural attractions make this property a highly desirable hospitality asset within Central Louisiana. The hotel presents an exceptional investment opportunity due to its nationally recognized IHG branding, prime downtown location, and strategic position just off Interstate I-49, one of Louisiana's primary north-south transportation corridors. The property's proximity to government offices, medical centers, corporate businesses, event venues, universities, and regional attractions provides multiple sources of lodging demand throughout the year. Alexandria serves as the commercial, healthcare, and governmental hub of Central Louisiana, supporting consistent business and regional travel activity. With excellent visibility, strong accessibility, convenient access to Alexandria International Airport, and a location in the heart of the city's ongoing commercial and entertainment district, the hotel is well positioned for long-term operational stability, revenue growth, and continued asset appreciation, making it an attractive acquisition opportunity for investors seeking a branded hotel in a strategically important regional market. Location Highlights: 1. Prime Downtown Location: Located in the heart of Downtown Alexandria, offering convenient access to the city's business district, government offices, and entertainment venues. 2. Excellent Interstate Access: Approximately a mile from Interstate I-49, providing direct north-south connectivity through Central Louisiana and easy access to regional markets. 3. Downtown Alexandria: Situated within Downtown Alexandria, surrounded by restaurants, government offices, financial institutions, and local businesses. 4. Healthcare & Medical Demand Drivers: Two of Central Louisiana's largest healthcare facilities supporting consistent medical and professional lodging demand. 5. Government & Business Centers: Close proximity to municipal and parish government offices generates steady corporate and government travel. 6. Universities & Education: Supporting year-round demand from students, faculty, athletic events, and campus visitors. 7. Tourism & Entertainment: Popular attractions that contribute to leisure and event-driven demand. 8. Airport Accessibility: Providing convenient regional and national air service. 9. Retail & Dining: Within walking distance of numerous downtown restaurants, cafés, entertainment venues, and local retail establishments. Alexandria / Rapides Parish area is experiencing its own wave of industrial, commercial, and technological growth. In 2026, the local business landscape is being shaped by a massive multibillion-dollar digital infrastructure investment, major commercial residential growth, and regional healthcare expansions. The key upcoming developments across the broader Alexandria area that could drive sales to businesses include: 1. The Delta Forge 1 AI Campus (The "Megaproject" Catalyst) In May 2026, Governor Jeff Landry announced the largest economic development project in the history of Rapides Parish and Cleco Power. The Project: Applied Digital Corporation is developing Delta Forge 1, a $3.6 billion, 300-megawatt artificial intelligence (AI) factory campus in Rapides Parish. 2. High-Density Suburban Residential Expansion Alexandria is seeing a steady suburban expansion, driven by major national builders like D.R. Horton, which are steadily adding housing stock. The Communities: Key new home developments, including the Reserve at North Park and Olde Town in Alexandria, are delivering fresh 3- to 5-bedroom single-family housing inventories. 3. LSUA Campus Infrastructure & The Martin Student Success Center Louisiana State University of Alexandria (LSUA) is completing a physical transformation designed to elevate student recruitment and campus activity. The Project: Following a multi-year effort, LSUA officially opened the Martin Family Student Success Center at the start of the 2026 academic semester. This serves as the centralized, modern "front door" for student support, admissions, and financial aid, completing a series of campus upgrades that included a new pedestrian-first plaza and drainage overhauls. 4. Regional Healthcare Corridor Dominance Alexandria remains the primary medical destination for Central Louisiana (CenLa), with major healthcare facilities along the Masonic Drive corridor drawing patients from surrounding rural parishes. The Anchor: Ongoing upgrades to regional health networks (like Rapides Regional Medical Center and CHRISTUS St. Frances Cabrini) continue to solidify Alexandria as CenLa's healthcare anchor. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/SF

$195 USD /SF

# OF ROOMS

168

PRICE/ROOM

$98,214 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Alexandria - Downtown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

7

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1970

PARKING SPACES

165

LAND DETAILS

LAND ACRES

2.45 AC

LAND SF

106,722 SF

ZONING

C

APN/PARCEL ID

24-009-09300-0008,24-009-09300-0018

ASK ABOUT THIS PROPERTY

Raiyan RabNUMARIXMore Info
404-398-2090

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Raiyan RabNUMARIXMore Info
404-398-2090

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