Hampton by Hilton Inn Covington | 68700 Highway 190 Service Rd
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Hampton by Hilton Inn Covington 68700 Highway 190 Service Rd
72 Room Hotel Covington, LA 70433 $10,832,625 CAD ($150,453 CAD/Room)
INVESTMENT HIGHLIGHTS
- Hotel is located Right Off Interstate I-12 and US-190
- Bank Financing Available
- Minimal Transfer PIP
- Close to all demand generators
- Renovated Hotel
- Seller has spent Significant Capex Improvements including the New Hampton Inn Exterior on the Building
EXECUTIVE SUMMARY
Hampton Inn - Covington - LA is located right off Interstate I-12 and US-190 on the Northshore, four miles from downtown Covington. It is 6 miles from the UCM Museum and 7 miles from Fairview-Riverside State Park. Mandeville is just seven miles away and the Louis Armstrong New Orleans International Airport is 39 miles from the hotel.
Attractions:
Pelican Park - 9.8 miles
Audubon Zoo - 33 miles
Abita Brewery - 6 miles
Castine Center - 8 miles
City Center - 8 miles
Downtown Historical Covington - 1.5 miles
Tulane University Research Center - 6.4 miles
Aquarium of the Americas - 34 - miles
Location Highlights:
1. Downtown Covington: The hotel is near downtown Covington (4 miles), which offers a range of restaurants, boutiques, and art galleries to explore. It is known for its quaint and historic feel.
2. Bogue Falaya Park: This park is a popular spot for picnics and relaxation, situated along the Bogue Falaya River (4.3 miles). It's a lovely place for a stroll and has a playground for children.
3. Abita Springs: Just a short drive away, the town of Abita Springs (5.4 miles) is famous for the Abita Brewery. The guest can take a tour of the brewery and sample local beers.
4. Northlake Nature Center: This nature center is nearby and provides hiking trails, wildlife viewing, and a chance to explore the local wetlands and ecosystems.
5. Mandeville Lakefront: Located just across the lake from Covington, Mandeville offers a scenic lakefront area with walking paths, a harbor, and beautiful views of Lake Pontchartrain.
6. Abita Mystery House: Also known as the UCM Museum (5.5 miles), this quirky and eclectic museum in Abita Springs is filled with bizarre and unusual artifacts.
7. Tchefuncte River: The Tchefuncte River (14.3 miles) is a great spot for boating, fishing, and water recreation, and it's not far from Covington.
8. Fontainebleau State Park: This state park, located on the shores of Lake Pontchartrain (16.7 miles), offers hiking trails, a beach, and a historic sugar mill.
9. St. Tammany Trace: This 31-mile-long trail for walking, running, and cycling is built on a former railway line and passes through Covington, offering outdoor recreational opportunities.
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
Attractions:
Pelican Park - 9.8 miles
Audubon Zoo - 33 miles
Abita Brewery - 6 miles
Castine Center - 8 miles
City Center - 8 miles
Downtown Historical Covington - 1.5 miles
Tulane University Research Center - 6.4 miles
Aquarium of the Americas - 34 - miles
Location Highlights:
1. Downtown Covington: The hotel is near downtown Covington (4 miles), which offers a range of restaurants, boutiques, and art galleries to explore. It is known for its quaint and historic feel.
2. Bogue Falaya Park: This park is a popular spot for picnics and relaxation, situated along the Bogue Falaya River (4.3 miles). It's a lovely place for a stroll and has a playground for children.
3. Abita Springs: Just a short drive away, the town of Abita Springs (5.4 miles) is famous for the Abita Brewery. The guest can take a tour of the brewery and sample local beers.
4. Northlake Nature Center: This nature center is nearby and provides hiking trails, wildlife viewing, and a chance to explore the local wetlands and ecosystems.
5. Mandeville Lakefront: Located just across the lake from Covington, Mandeville offers a scenic lakefront area with walking paths, a harbor, and beautiful views of Lake Pontchartrain.
6. Abita Mystery House: Also known as the UCM Museum (5.5 miles), this quirky and eclectic museum in Abita Springs is filled with bizarre and unusual artifacts.
7. Tchefuncte River: The Tchefuncte River (14.3 miles) is a great spot for boating, fishing, and water recreation, and it's not far from Covington.
8. Fontainebleau State Park: This state park, located on the shores of Lake Pontchartrain (16.7 miles), offers hiking trails, a beach, and a historic sugar mill.
9. St. Tammany Trace: This 31-mile-long trail for walking, running, and cycling is built on a former railway line and passes through Covington, offering outdoor recreational opportunities.
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
PROPERTY FACTS
| Price | $10,832,625 CAD | Building Size | 31,806 SF |
| Price Per Room | $150,453 CAD | No. Rooms | 72 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 2001 |
| Property Subtype | Hotel | Parking Ratio | 2.04/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.60 AC |
| Price | $10,832,625 CAD |
| Price Per Room | $150,453 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.60 AC |
| Building Size | 31,806 SF |
| No. Rooms | 72 |
| No. Stories | 2 |
| Year Built | 2001 |
| Parking Ratio | 2.04/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 72 | $125.66 CAD | - |
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PROPERTY TAXES
| Parcel Number | 30517 | Improvements Assessment | $697,867 CAD |
| Land Assessment | $98,849 CAD | Total Assessment | $796,716 CAD |
PROPERTY TAXES
Parcel Number
30517
Land Assessment
$98,849 CAD
Improvements Assessment
$697,867 CAD
Total Assessment
$796,716 CAD
ZONING
| Zoning Code | C (Commercial) |
| C (Commercial) |
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Hampton by Hilton Inn Covington | 68700 Highway 190 Service Rd
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