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Former Best Western Plus
Price:
$3,100,000
Address :
13600 Hartman Lane
Walker, LA 70875
Upside Potential with Competitive Pricing
Excellent Physical Condition
Close Proximity to Interstate 12
The hotel is closed and not currently affiliated with a franchise.
Location/Market
Physical Plant
Financials
Part of the Baton Rouge metropolitan area, home to 140,789 people
Located at the intersection of Interstate 12 and Walker South Road
Close to Regional Demand Generators:
1 Mile to Our Lady of the Lake Medical Center
7 Miles to Lard Oil Company
7 Miles to Bass Pro Outdoor World Denham Springs
18 Miles to Baton Rouge Metropolitan Airport
21 Miles to LSU’s Tiger Stadium
21 Miles to Tickfaw State Park
49 Miles to Louis Armstrong New Orleans International Airport
3 Stories
Interior Corridors
EIFS Facade
Flat Roof
Concrete Parking Lot – 67 Spaces
Complimentary Breakfast Room
Sundry Shop
Business Center
Guest Laundry
Exercise Room
Outdoor Pool
Wireless Internet
±1.43 Acres
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Financials
2019
2020
Occupancy
39.49%
28.91%
Average Daily Rate
$86.54
$88.19
Revpar
$34.59
$26.61
Room Revenue
$775,266
$196,885
Net Operating Income
$343,036
$87,060
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!
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