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Property Detail

Airline Highway
Centrally located at the Interstate 12 and US Highway 61 interchange and offering visibility to 125,
$2,500,000
Manufacturer: https://newgenadv.com/

Description

  • Centrally located at the Interstate 12 and US Highway 61 interchange and offering visibility to 125,000 vehicles passing by each day.
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  • 9990 Airline Highway is located in the state capital and lies under 15 minutes from Baton Rouge and Louisiana State University (LSU).
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  • Boasting premier placement in a consumer corridor home to national brands such as Walgreens, Costco, The Home Depot, Smoothie King, and many more.
  • IHG-branded with amenities, including a ballroom, meeting rooms, a restaurant, a business center, laundry services, a fitness center, and a pool.
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  • Tremendous investment opportunity with revenue upside due to under-performing RevPAR penetration in its market area.
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  • Hotel is adjacent to a Quality Inn and Suburban Suites that is also available for purchase through Ten-X; please see link below.

Executive Summary

NewGen Advisory is pleased to present a hospitality investment opportunity in Baton Rouge, Louisiana. The Holiday Inn consists of 140 guest rooms and has full-service amenities such as a bar, restaurant, meeting rooms, and two pools. The property is located along Airline Highway 61, just a quarter-mile north of the highway's intersection with Interstate 12. This makes the property easily accessible from areas north and south of the property via Airline Highway and areas east and west of the property via Interstate 12. Intestate 10 is 2 miles west of the property and connects Baton Rouge to New Orleans and Houston. The hotel is an ideal location for visitors to Baton Rouge, as it is situated less than 6 miles from Downtown Baton Rouge and Raising Cane’s River Center, less than 8 miles from Louisiana State University, and just over 10 miles from Baton Rouge Metropolitan Airport.

The property is located along Airline Highway 61, just a quarter-mile north of the highway's intersection with Interstate 12. This makes the property easily accessible from areas north and south of the property via Airline Highway and areas east and west of the property via Interstate 12. Interstate 10 is 2 miles west of the property and connects Baton Rouge to New Orleans and Houston. The hotel is an ideal location for visitors to Baton Rouge, as it is situated less than 6 miles from Downtown Baton Rouge and Raising Cane’s River Center, less than 8 miles from Louisiana State University, and just over 10 miles from Baton Rouge Metropolitan Airport.

Baton Rouge, the capital of Louisiana, blends French, Spanish, and English influences in its rich history. Home to the tallest state capitol in the US, this city on the Mississippi River thrives with a diverse economy, including petrochemicals, healthcare, and education. Louisiana State University (LSU), a cornerstone of the Baton Rouge community, offers renowned academic programs and an abundance of tourism traffic for sporting and school events. From Mardi Gras festivities to Cajun cuisine like gumbo and jambalaya, Baton Rouge delights with its vibrant culture. Visitors explore historic sites such as the Old State Capitol and USS Kidd Veterans Museum, immersing in this dynamic Southern city. The top employers in the area include IMB, Ochsner Health, Turner Industries, Honeywell, Exxon, and Amedisys. With such a large economic footprint, out-of-town visitors and employees travel to the area throughout the year.
Tours are held by appointment only. Please contact the listing broker to schedule.

NewGen Advisory

Listing ID : 00545

SKU: 545

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Price History

DateEventPrice
December 2 2024Listed$2,500,000.00