Sleep Inn & Suites


Price:
  $3,350,000   
$3,100,000

Address :
3411 US-165
Pineville, LA 71360


  •  Institutionally owned.
  •  Solid revenues.
  •  Property increasing market share in a stable market.
    View Map    View Aerial
  •  Centrally located in Louisiana, Pineville is in Rapides Parish (population 132,236).
  •  Pineville and the parish seat, Alexandria, lie at the heart of a transportation crossroads, served by an interstate, two US highways, a river port, and commercial airport.
  •  Close to Regional Demand Generators, Including...
    •  0.4 Miles to Proctor & Gamble Alexandria (in Pineville)
    •  2.2 Miles to Camp Beauregard and the Louisiana Maneuvers & Military Museum
    •  2.3 Miles to Kisatchie National Forest
    •  2.4 Miles to Pineville Ward 9 Sportsplex
    •  2.5 Miles to VA Medical Center Alexandria (in Pineville)
    •  3.3 Miles to Central Louisiana State Hospital
    •  3.3 Miles to Louisiana College
    •  7.3 Miles to Alexandria Mall
    •  9.8 Miles to Alexandria International Airport & England AirPark
  •  68 Rooms
  •  Breakfast Area (Seats 28)
  •  Meeting Space (Over 1,400 square feet)
  •  Business Center
  •  Guest Laundry
  •  Fitness Center
  •  Indoor Heated Pool and Hot Tub
  •  Wireless Internet
  •  3 Stories
  •  Interior Corridors
  •  Wood Frame Structure
  •  EIFS Facade
  •  Asphalt Shingle Roof
  •  Concrete Parking Lot
Financials
T-12Mos 11/17
Occupancy
47.21%
Average Daily Rate
$74.77
Room Revenue
$876,056
Net Operating Income
N/A
*The seller acquired the property through foreclosure in December 2015. Seller makes no representation as to the accuracy of any information, financial or otherwise, prior to its ownership of the property. Financials represent 11 months, from 2/1/2016 through 12/31/2016.
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!