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Property Detail

East Morten Avenue
112-room Quality Inn with 60 additional rooms approved for Suburban Suites extended stay .
$875,000
Manufacturer: https://newgenadv.com/

Description

  • 112-room Quality Inn with 60 additional rooms approved for Suburban Suites extended stay, which would bring the total room count to 172.
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  • Located in the state capitol 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, including Walgreens, Costco, The Home Depot, Smoothie King, and many more.
  • 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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  • Tremendous investment opportunity with revenue upside due to underperforming RevPAR penetration in its market area.
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  • Hotel is adjacent to a Holiday Inn 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 offering consists of a 112-guest room Quality Inn with an additional 60 rooms that have been approved to open as Suburban Studios extended stay. The hotel has full-service amenities, including a bar, restaurant, meeting rooms, and a pool.
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 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 less than 6 miles from the downtown area 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 that includes petrochemicals, healthcare, and education. Louisiana State University (LSU), a cornerstone of Baton Rouge, offers renowned academic programs and an abundance of tourism traffic for sporting and school events. From Mardi Gras festivities to Cajun cuisine such as 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.

Quality Inn Baton Rouge East I-12

Listing ID : 00567

SKU: 567

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Price History

DateEventPrice
December 3 2024Listed$875,000.00