Hotels for Sale

Microtel Inn & Suites Baton Rouge, LA

Address:
Baton Rouge, Louisiana
Description:
  • Fee simple interest in the lender owned, receiver managed, 81-room Microtel Inn & Suites by Wyndham Baton Rouge, LA
  • Offered unencumbered of management with ability to retain the Microtel flag via a long-term license agreement with Wyndham
  • Significant upside for new ownership with the hotel under receiver control since November 2016 and REO since August 2018
  • Adjacent to Interstate 10 with direct visibility and accessibility to upwards of 127,000 vehicles passing the location daily and within walking distance of numerous nationally recognized restaurant and shopping centers
  • Proximate¬†to all local and regional demand including a new 65,000 SF Topgolf location, Blue Bayou Water Park, Bluebonnet Swamp Nature Center, the Mall of Louisiana, Louisiana State University (LSU), and Baton Rouge General Medical Center
  • Baton Rouge, state capital of Louisiana, is poised for several billion dollars worth of private and public investment in the coming years including $500 million in road improvement projects, a new $1.3 billion Methanex plant, and $1.4 billion in flood mitigation infrastructure to begin in 2019

Listing Agents

Mike Schlictman
T | 803.920.4173
Email

Adam Montufar
T: 515.446.4181
Email

Categories List:      

Send message to listing owner