Econo Lodge Inn & Suites


Price:
$4,200,000

Address :
5335 University Pkwy
Natchitoches, LA 71457


  •  Excellent location just off Interstate 49
  •  Consistent revenue producer for the past three years
  •  Ideal size and operating model for owner/ operator
  •  Offered at discount to replacement cost
  •  Limited renovations costs expected
    View Map    View Aerial
  •  Only minutes from historic downtown Natchitoches Located off Interstate 49, a major Midwestern trans-portation corridor
  •  Close to Regional Demand Generators:
    •  Northwestern State University of Louisiana
    •  Natchitoches Regional Medical Center
    •  Natchitoches Regional Airport
    •  Natchitoches Parish Port
    •  Cane River National Heritage Area
  •  72 Guest Rooms
  •  Wireless Internet
  •  Breakfast Room (Seats 16)
  •  Meeting Space
  •  Business Center
  •  Guest Laundry
  •  Fitness Center
  •  Outdoor Pool
  •  Built in 2000
  •  ±2.29 Acres
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
2019
2020
2021
T-12Mos 4/21
Occupancy
59.1%
46.0%
50.95%
52.27%
Average Daily Rate
$66.91
$77.36
$83.73
$82.31
Room Revenue
$1,037,643
$1,103,646
$1,157,551
$1,221,874
Net Operating Income
$407,885
$318,238
N/A
N/A
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!