Sleep Inn & Suites

Price:

$3,350,000
$2,650,000

[Currently Under Contract]

Address :
3411 US-165
Pineville, LA 71360

REVENUES UP $150,000 YEAR TO DATE!
Institutionally owned.
Property increasing market share in a stable market.

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

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
	2017	2018	T-12Mos 9/19
Occupancy	46.88%	47.22%	54.89%
Average Daily Rate	$74.47	$65.83	$71.29
RevPar	$34.91	$31.09	$39.13
Room Revenue	$866,452	$771,581	$971,197
*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!

Price:

$3,350,000
$2,650,000

Address :
3411 US-165
Pineville, LA 71360

Quick Links

Our Regional Offices

Price: $3,350,000 $2,650,000

Address : 3411 US-165 Pineville, LA 71360

Quick Links

Our Regional Offices

Price:

$3,350,000
$2,650,000

Address :
3411 US-165
Pineville, LA 71360