La Quinta by Wyndham Gretna New Orleans, LA

Listing Agents

Subu Thiagarajan
T | 510.205.7931
subu@paramountlodging.com
DRE#01891134

Brent Clemens
T | 312.402.2959
bclemens@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the institutionally owned and recently brand managed 154-room La Quinta by Wyndham Gretna New Orleans, LA
  • Strong operational upside in transitioning out of larger national third-party operator
  • Available unencumbered of debt and third-party management
  • Proximate to all core local Gretna demand Acme Truck Line, Jean Lafitte National Historical Park & Preserve, Boomtown Casino and West Bank Ochsner Medical Center
  • Ideally situated along the Mississippi River just minutes from downtown New Orleans, French Quarter, Bourbon Street, Central Business District, Mercedes Benz Superdome, Smoothie King Center, and the New Orleans Convention Center
  • Optimal time to be investing in the broader New Orleans market with drive-to leisure market occupancy and ADR continuing to outpace the broader national recovery
  • Louisiana’s post-pandemic state’s economy recovery is expected to surpass 2019 level by year-end 2022 in part led by the strength of Louisiana’s natural gas and oil industry
Location

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.