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103 Harold Gauthe Rd
Scott, LA 70583

Howard Johnson Scott Lafayette · Hospitality Property For Sale · 18,983 SF

Investment Highlights

  • Over 12% Cap Rate
  • Steady occupancy growth over the last few years
  • Twelve minute drive to University of Louisiana at Lafayette and fifteen minute drive to Lafayette Regional Airport
  • Recently renovated and extremely well-kept

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.43 AC
Building Size 18,983 SF
No. Stories 2
Year Built/Renovated 1980/2022
Parking Ratio 2.53/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Pool
  • Room Service
  • Bed & Breakfast

About 103 Harold Gauthe Rd , Scott, LA 70583

Sarhan Hotel Group has been exclusively chosen to market for sale the Howard Johnson by Wyndham Scott Lafayette, a two-story 47-room hotel located in Scott – Lafayette, Louisiana.Nearby attractions include the stunning Chretien Point Plantation and a former cotton plantation set at the edge of the bayou. The fourth largest municipality in Lafayette benefits from a stunning cruise along the nearby waters on McGees Atchafalaya Basin Swamp as well as a Vermilionville Living History Museum & Folklife Park that will take you back in time for an authentic experience. It also has a strong leisure with the notable Mall of Acadiana for great shopping and the famous Cajundome for attending big events, all just five miles away. Scott – Lafayette has proven to be a successful market due to the closure of many hotels in the area and new developments rising, including an additional 400 homes and shopping districts. Furthermore, a new major investment is to be made by the city for a new local sports park.As a result, The Howard Johnson by Wyndham Scott Lafayette represents an exceptional opportunity to acquire a recently renovated property, from the furniture to changing the roof and the guest room locks as well as remodeling the breakfast area & the lobby, to make it a modern at the same time pleasant and welcoming place.The hotel is a pet friendly space which is a unique and rare attribute. It features 9,492 square feet of meeting space, a seasonal outdoor pool, a fit-ness center, business center, a restaurant on-site, ice machines and free parking. Each guest room is well-appointed and equipped with a refrigerator and microwave, a 25- inch Tv with premium satellite channels, comfortable pillow top beds, work desks, free WiFi and a Coffee/tea Makers. Bathrooms include complimentary toiletries and hairdryers. Additionally, certain rooms include irons/ironing boards and blackout drapes/curtains.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6109531
Land Assessment
$39,758
Improvements Assessment
$248,990
Total Assessment
$288,748

zoning

Zoning Code C-3 (General Commercial District)
C-3 (General Commercial District)
  • Listing ID: 25432800

  • Date on Market: 2022-04-08

  • Last Updated:

  • Address: 103 Harold Gauthe Rd, Scott, LA 70583

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