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5135 University Pkwy
Natchitoches, LA 71457

$1,495,000 USD

Hotel For Sale  •  32,500 SF

Property Details

  • Property Type Hotel
  • Total Building Size 32,500 SF
  • Lot Size 1.68 AC
  • Building Class C
  • Year Built 1992
  • Zoning B-I
0 Transit Score
18 Walk Score

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.

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 46
Type: Surface
Included in Rent: Yes
Eric Guerrero 713-417-7264 HVS
Eric Guerrero 713-417-7264 HVS