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Motel - 110 Rooms

Lafayette Metro, Louisiana

Services - Hotels & Other Lodging

Asking Price $3,500,000 Inventory  
Gross Income $900,000 Real Estate  
Cash Flow $200,000 Year Established N/A
FF&E N/A Employees 11 pt

* included in the asking price

** not included in the asking price

National flagged motel is located on interstate I-10 in the Lafayette, La metro market. It is not too far from the intersection of I-10 and I-49. Current owner for the last 5 years has been totally refurbishing the motel inside and out to include TV s, beds, A/C s, roof, parking lot, carpet, paint, etc. Currently 87 of the 110 rooms are complete and the rest should be finished shortly. Seller will thoroughly train new owner on this very easy to own and operate business. Seller has other business interest to which he would like to devote more of his time and energy. Seller is motivated to sell and is open to substantive offers. Nice motels of this size and superior location are hard to find. They usually do not stay on the market long. Act fast!!! Come see, talk with owner, make offer.

Facilities: 48000 sq ft

Support/Training: Available

Reason Selling: Other Business Interest

Business listed by

Carson Bankston

225.201.0202


Sunbelt Business Brokers of Baton Rouge


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