Hotel For Sale • 45,000 SF
Average rooms revenue of $2,300,000 (2021-2024). |
Institutionally owned and operated, providing upside for hands-on owner/operator. |
Favorable rooms revenue multiplier of 2.8x based on 2024 rooms revenue. |
Demand Generators: Two division 1 universities, Meta’s $10B facility, Ruston Sports Complex, and Buc-ee’s. |
To construct a similar hotel, the estimated cost would be a minimum of $130K to $150K per key. |
The change-of-ownership PIP report has been posted to our virtual deal room (VDR). |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 86 |
Type: | Surface |
Included in Rent: | Yes |