Vermilion River Suites Hotel


Price:
$2,195,000

[Currently Under Contract]

Address :
125 E Kaliste Saloom Rd
Lafayette, LA 70508


  •  Property is currently closed
  •  97-Unit, all-suite hotel built in 1999
  •  Great location in the premier lodging area in Lafayette, Louisiana
  •  3-Story, interior corridor design
  •  Perfect opportunity for rebranding or independent operation
    View Map    View Aerial
  •  Situated at the intersection of Interstates 10 and 49, Lafayette is the hub of a market area that is home to 720,340 people.
  •  Lafayette is the center for Acadiana, the Cajun and Louisiana Creole culture.
  •  One million people visit Lafayette annually.
  •  Close to Regional Demand Generators:
    •  1.2 Miles to Lafayette General Medical Center
    •  1.8 Miles to University of Louisiana at Lafayette
    •  2.1 Miles to Lafayette Regional Airport
    •  2.6 Miles to Vermilionville Living History Museum and Folklife Park
    •  3.1 Miles to Acadiana Center for the Arts
    •  3.5 Miles to Cajundome and Convention Center
  •  3 Stories
  •  Interior Corridors
  •  Wood Frame Construction
  •  Stucco Facade
  •  Pitched, Asphalt-Shingle Roof
  •  Asphalt Parking Lot
  •  Complimentary Breakfast Room (Seats 36)
  •  Meeting Space (Seats 100)
  •  Guest Laundry
  •  Business Center
  •  Fitness Center
  •  Indoor Pool
  •  Wireless Internet
  •  Built 1999
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.




Please check this box if you would like to subscribe to our weekly newsletter.

Financials
2018
T-12Mos 2/19
Occupancy
22.73%
27.04%
Average Daily Rate
$69.72
$68.41
Room Revenue
$563,175
$656,191
Net Operating Income
N/A
(180,748)
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!