Hotel-Motel

Comfort Inn New Orleans Airport

10151 W Airline Hwy., Saint Rose, LA 70087

Listing Price: $4,500,000

Cap Rate
6.34%
Number of Rooms
68
Gross SF
77,536
Price/Room
$66,176
Price/Gross SF
$58.04
Year Built
2010

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 68 room Comfort Inn located in St Rose, Louisiana, a suburb of New Orleans. The Comfort Inn is a 2010-build, 3-story property located near New Orleans International Airport, providing ease of access for commerce and tourism. The Comfort Inn provides an opportunity for a new owner to acquire a recently renovated 10 year old hotel with the potential to realize significant Net Operating Income growth through minimizing expenses and hands-on management.

Investment Highlights

  • Property is Located Just off of US Highway 61
  • New Orleans MSA
  • Minimal PIP Expected for a New Owner

Exclusively Listed By

  • David J. Altman

    First Vice President Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051

    Fort Lauderdale

  • Robert S. Hunter

    First Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL 3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.0995692662-ACT

    Louisiana

Hotel-Motel

Comfort Inn New Orleans Airport

Listing Price: $4,500,000

Cap Rate
6.34%
Number of Rooms
68
Gross SF
77,536
Price/Room
$66,176
Price/Gross SF
$58.04
Year Built
2010

Investment Highlights

  • Property is Located Just off of US Highway 61
  • New Orleans MSA
  • Minimal PIP Expected for a New Owner

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 68 room Comfort Inn located in St Rose, Louisiana, a suburb of New Orleans. The Comfort Inn is a 2010-build, 3-story property located near New Orleans International Airport, providing ease of access for commerce and tourism. The Comfort Inn provides an opportunity for a new owner to acquire a recently renovated 10 year old hotel with the potential to realize significant Net Operating Income growth through minimizing expenses and hands-on management.

Exclusively Listed By

  • David J. Altman

    First Vice President Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051

    Fort Lauderdale

  • Robert S. Hunter

    First Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL 3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Chris Shaheen

    Associate

    License(s): LA: BROK.0995692662-ACT

    Louisiana

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