New Orleans Metro Motel With 142 Rooms For Sale

Business description

Motel with 142 rooms has been established since 1940. The location of this hotel is spectacular. It is found on an extremely high traffic 4 lane highway that traverses the main city of New Orleans and surrounding areas. Hotel is located directly near consistently visited tourist destinations that provide high amounts of clientele on a regular basis. Hotel is also a very short drive to the airport providing a convenient place to stay for those traveling to New Orleans, Louisiana. New Orleans is known as one of the more popular tourist destinations in the United States. Hotel benefits from this greatly. Business is found on a lot of approximately 3.7 acres. Real estate is included in the sale and is worth a great deal.
Seller is relocating out of state and is forced to sell their long established hotel. Seller is highly motivated to sell and will train new owner on this very easy to own and operate business. Seller is open to substantive offers and will seriously consider and promptly respond to all reasonable offers. Come see this thriving hotel business, recognize the potential, make offer.

Property information

Real Estate:

Real Property Included

Premises details:

$N/A

Other information

Reasons for selling:

Relocation

Trading hours:

Days: 7 days, Hours: 24 hours

Financing available:

Downpayment Required: $0
Monthly Payroll: $4,000

Furniture / Fixtures value:

$70,000 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)