SG 11694 Louisiana Lafayette Abberville Unbranded Hotel Business & Pro

Asking Price$1,700,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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SG 11694 Louisiana Lafayette Abberville Unbranded Hotel Business & Pro


Asking Price$1,700,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
$1,700,000 plus 3% premium for the Louisiana Lafayette Abberville Unbranded Hotel Business & Property.  99 Units Hotel, including 25 units with kitchenettes.  It's an independent motel. PRIME LOCATION NEAR RESTAURANTS, SHOPPING CENTERS, ENTERTAINMENT, SCHOOLS, AND MAJOR EVENTS. EASY ACCESS TO MAJOR HIGHWAYS. SELLER FINANCING AVAILABLE. REASONABLE OFFERS ONLY. ABSENTEE OWNERSHIP. CONVERSION*( CAN BE MULTIFAMILY)*. APPROVED BY THE CITY. BUILT-IN 1980. BUILDING SIZE 60,000 Sft. LAND SIZE 2.60 ACRES. SQUARE FEET 113,256. RENOVATIONS: YEAR 2026 (PLUMBING), REPLACED ALL PLUMBING IN BREESE WAY (150K). ROOM'S RENOVATION YEAR 2022: REPLACED FURNITURE, BEDS Ect. NEW CARPET FOR ALL FIRST FLOOR ROOMS. SELLER HAS BEEN ABSENTEE LAST 4-5 YEARS. Perfect for Owner-Operator.  Growth in lodging demand is expected.  As employment growth continues, the population is projected to grow.  Please “do not disturb the employees” and call The Saleh Group for more information and showings, or visit us online.
About the Business
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
60,000
About the Sale
Seller Motivation
RETIREMENT
Listing Info
ID
2523537
Listing Views
7

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Business Listed by: Nidal Saleh The Saleh Group RE/MAX Preferred Group

Listing ID: 2523537 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.