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Comfort Inn Baton Rouge 4924 Constitution Ave

60 Room Hotel Baton Rouge, LA 70808 $8,105,400 CAD ($135,090 CAD/Room) 9% Cap Rate

Executive Summary

Located on College Dr off I-10 and near LSU, busiest exit in Baton Rouge

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $8,105,400 CAD
Price Per Room $135,090 CAD
Sale Type Investment
Cap Rate 9%
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.86 AC
Building Size 41,859 SF
No. Rooms 60
No. Stories 5
Year Built/Renovated 1997/2017
Tenancy Single
Parking Ratio 1.41/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Multi-Room Suites

About 4924 Constitution Ave , Baton Rouge, LA 70808

60 Rooms Hotel and has been with choice almost 20 years, formerly build as a Holiday inn Express, Excellent condition with LTR score 7.8 right now

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 4 $143.62 CAD -
Guest Room 56 $110.92 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00427993
Land Assessment
$72,292 CAD
Improvements Assessment
$399,375 CAD
Total Assessment
$471,666 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 32733710

  • Date on Market: 2024-08-08

  • Last Updated:

  • Address: 4924 Constitution Ave, Baton Rouge, LA 70808

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