PLANTATION MOTOR INN - VALUE ADDED DEAL!

88 Room Hotel | Lafayette, LA 70507 | $3,250,000 ($36,932/Room)

Asking Price $3,250,000

Property Type: Hospitality
Square Feet: 29,172 SF

Listing Contacts

Sky Pulford

Verified Profile

Property Info

Property Overview

VALUE ADDED DEAL! - 83 KEYS - ASKING $40,000 PER KEY.
ON INTERSTATE 49 - 1.2 MILES NORTH OF 1-10.
STANDALONE OFFICE BUILDING HAS RESTAURANT AND MEETING ROOM THAT ARE CLOSED.
RECENTLY RENOVATED EXTERIOR INCLUDING ROOFS-BUILDINGS IN VERY GOOD CONDITION.
UPDATING OFFICE, LOBBY, MEETING ROOM, RESTAURANT INTO SELF -SERVE & UPDATING GUEST ROOMS,
WILL SUBSTANTIALLY INCREASE OCCUPANCY AND ARR.
1/2+/- OF ROOMS HAVE WEEKLY GUESTS.
WIFI
Laundry Room
Plenty of Free Onsite Parking
Wheelchair Access to Common/Public Areas
Balcony/Terrace
Coffeemaker (some)
Refrigerator (some)
Cable/Satellite TV

Property Details

Class: C
Year Built/Renovated: 1985/2010
Stories: 2
Property Subtype: Hotel
Lot Size (sq. ft): 65,776 SF
Units: 88

Highlights

VALUE ADDED DEAL ON MAJOR INTERSTATE
RECENTLY RENOVATED EXTERIOR INCLUDING ROOFS - BUILDINGS IN VERY GOOD CONDITION!
UPDATING OFFICE, LOBBY, MEETING ROOM, RESTAURANT INTO SELF -SERVE & UPDATING GUEST ROOMS
WILL SUBSTANTIALLY INCREASE OCCUPANCY AND ARR.

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