La Quinta Inns & Suites Alexandria Airport

117 Room Hotel | Alexandria, LA 71303 | For Sale

Property Type: Hospitality
Square Feet: 62,696 SF

Listing Contacts

Michael Yu

Verified Profile

Property Info

Property Overview

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the La Quinta Inns & Suites in Alexandria, Louisiana. The hotel is located off Highway 49, two miles from Alexandria International Airport, with easy access to Alexandria’s most popular attractions, renowned academic institutions, and corporate offices. Thanks to its ideal location, the property receives business from a diverse population of both transient and leisure segments.

Property Details

Class: B
Year Built/Renovated: 1997/2017
Stories: 4
Property Subtype: Hotel
Lot Size (sq. ft): 115,870 SF
Units: 117

Highlights

Opportunity to acquire a 117-room La Quinta Inns & Suites that is in excellent condition, requiring minimal capital improvements for a new ownership.
The current owner is located out-of-state and operating the hotel absentee.
In 2023, the La Quinta posted a net operating income (“NOI”) of approximately $893 thousand.

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