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Hotel-Motel

Studio 6 Port Allen

2740 N Westport Dr, Port Allen, LA 70767

Listing Price: $5,000,000

Cap Rate
6.84%
RevPAR
$43
Year Built
2019

Investment Overview

Marcus & Millichap is pleased to present the Studio 6 - Extended Stay in Port Allen, LA. The Studio 6 - Extended Stay presents a great opportunity to acquire a top-performing extended-stay hotel in the Greater Baton Rouge market. Built in 2019, the hotel has consistently outperformed its competitive set. The Studio 6 Port Allen benefits from its proximity to major industrial, energy, and employment centers, including BP Lubricants, Placid Refining, ExxonMobil Baton Rouge Refinery, and Downtown Baton Rouge, creating a stable base of corporate and workforce demand.

The Studio 6 Port Allen offers investors the opportunity to acquire a proven, top-performing extended-stay hotel with limited downside risk. Additionally, the hotel has a beautiful on site managers unit

Investment Highlights

  • 195.4 Percent RevPAR Index for the Past Three Years
  • Strategically Located Near Major Industrial and Energy Employers, Including ExxonMobil, BP Lubricants, and Placid Refining
  • Two-Bedroom Manager's Apartment on Site

Exclusively Listed By

  • David J. Altman

    Managing Director Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051, AL: 000144449 - 0

    Fort Lauderdale

Hotel-Motel

Studio 6 Port Allen

Listing Price: $5,000,000

Cap Rate
6.84%
RevPAR
$43
Year Built
2019

Investment Highlights

  • 195.4 Percent RevPAR Index for the Past Three Years
  • Strategically Located Near Major Industrial and Energy Employers, Including ExxonMobil, BP Lubricants, and Placid Refining
  • Two-Bedroom Manager's Apartment on Site

Investment Overview

Marcus & Millichap is pleased to present the Studio 6 - Extended Stay in Port Allen, LA. The Studio 6 - Extended Stay presents a great opportunity to acquire a top-performing extended-stay hotel in the Greater Baton Rouge market. Built in 2019, the hotel has consistently outperformed its competitive set. The Studio 6 Port Allen benefits from its proximity to major industrial, energy, and employment centers, including BP Lubricants, Placid Refining, ExxonMobil Baton Rouge Refinery, and Downtown Baton Rouge, creating a stable base of corporate and workforce demand. The Studio 6 Port Allen offers investors the opportunity to acquire a proven, top-performing extended-stay hotel with limited downside risk. Additionally, the hotel has a beautiful on site managers unit

Exclusively Listed By

  • David J. Altman

    Managing Director Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051, AL: 000144449 - 0

    Fort Lauderdale

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