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10020 I 10 Service Rd
New Orleans, LA 70127

$4,200,000 USD

Hotel For Sale • 48,692 SF

Property Details

Property Type Hotel
Total Building Size 48,692 SF
Lot Size 4.39 AC
Building Class C
Year Built 1972
Tenancy Single
Zoning C-3

36 Transit Score

42 Walk Score

                
                    Highlights
                
                                Onsite 2-Bedroom 2.5-Bathroom Owner's Apartment Located Above the Lobby
                            
                                Hotel was fully renovated in years 2019-2020 
                            
                                8 Double/Double rooms include Kitchenettes 
                            
                                Strong Location off I-10, 15 Minutes from Downtown New Orleans
                            
                                June 2024 trailing-twelve-month (TTM) revenue amounted to over $1.1 million.
                            
                                Below-Replacement Cost at $32,307 Per Key

Amenities

Business Center
Pool
High Speed Internet Access
Meeting Event Space
Public Access Wifi

Public Transportation

Airport	Drive	Walk	Distance
Louis Armstrong New Orleans International	28 min	-	20.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	121
Type:	Surface
Included in Rent:	Yes

Andrew Frosch 713-955-0138 HVS

10020 I 10 Service Rd New Orleans, LA 70127