Quality Suites


Price:
  $2,200,000   
$1,950,000

Call for Offers Issued
Call for offers deadline: Tuesday 12/19 2:00 EST

[Currently Under Agreement]

Address :
2817 LA-14
New Iberia, LA 70560


  •  Located off US 90, Major North South Louisiana Corridor.
  •  Limited property improvements required.
  •  Oversized guestrooms.
  •  Significant recent renovations.
  •  Convenient to all demand generators.
  •  Opportunity to purchase at significant discount to cost.
    View Map    View Aerial
  •  New Iberia is the seat of government in Iberia Parish.
  •  Only Minutes from Historic Downtown New Iberia.
  •  Close to Regional Demand Generators, Including...
    •  2.8 Miles to Shadows On the Teche
    •  4.8 Miles to SugArena at Acadiana Fairgrounds
    •  6.5 Miles to McIlhenny Company
    •  21 Miles to University of Louisiana at Lafayette
  •  78 Rooms
  •  Breakfast Area (Seats 26)
  •  Meeting Space (Seats ±60)
  •  Business Center
  •  Exercise Room
  •  Indoor Pool & Whirlpool
  •  Oversized Vehicular Parking
  •  3 Stories
  •  Interior Corridors
  •  Wood Frame Structure
  •  EIFS Facade
  •  Standing-Seam Metal Roof
  •  Concrete Parking Lot
  •  Built 2000
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2016
2017
T-12Mos 10/18
Occupancy
34.83%
37.08%
38.43%
Average Daily Rate
$65.04
$65.63
$59.91
Room Revenue
$646,711
$692,871
$655,483
**The seller acquired the property through foreclosure in December 2015, and it was re-branded to Quality Inn & Suites in mid-2016. Seller makes no representation as to the accuracy of any information, financial or otherwise, prior to its ownership of the property.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!