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Days Inn Natchitoches 5135 University Pkwy

65 Room Hotel Natchitoches, LA 71457 $2,119,118 CAD ($32,602 CAD/Room)

Investment Highlights

  • The hotel's topline operating performance is considered stable, with an average rooms revenue of $577,000 (rounded) over the last three years.
  • Over the past three years, the hotel has registered an average gross operating profit (GOP) of 13.33%, when it should achieve a GOP margin of 35-40%.
  • The 65-key count is an ideal size for either a first-time owner/operator or an experienced regional investor looking to expand their portfolio.
  • With current "hands-off" ownership, numerous improvement opportunities exist, leading to reduced rooms expenses and administrative & general expenses.
  • Stabilized rooms revenue next year is anticipated to exceed $712,000 ($30 RevPAR), with an NOI flow-through of $230,000 (rounded).
  • Only three new hotels have opened in Natchitoches over the past 14 years, creating a market with reduced competition.

Executive Summary

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the virtual deal room: https://brokerage.hvs.com/listing/?id=145361
HVS Brokerage & Advisory, in cooperation with Eric Vincent Guerrero, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 65-key Days Inn by Wyndham Natchitoches. This hotel asset offers operational upside at an attractive cost, considered ideal for an experienced owner/operator.
PRICE REDUCTION: $1,495,000
Ownership is motivated to sell the property and has agreed to reduce the price to $1,495,000, or $23,000 per key. Please contact Matt Almy (malmy@hvs.com) for more details.

Property Facts

Price $2,119,118 CAD
Price Per Room $32,602 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.68 AC
Building Size 32,500 SF
No. Rooms 65
No. Stories 2
Year Built 1992
Parking Ratio 1.42/1,000 SF
Corridor Exterior

Amenities

  • Pool
  • High Speed Internet Access
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $141.75 CAD -
Guest Room 63 $120.48 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0011386000
Land Assessment
$29,236 CAD
Improvements Assessment
$251,026 CAD
Total Assessment
$280,262 CAD

zoning

Zoning Code B-I (Interstate interchange business districts)
B-I (Interstate interchange business districts)
  • Listing ID: 31512073

  • Date on Market: 2024-04-15

  • Last Updated:

  • Address: 5135 University Pkwy, Natchitoches, LA 71457

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