10245 Airline Highway, Baton Rouge, LA
Motel for Sale - $1,000,000 - 75,473 Sq. Ft. on 49299.44 acres
Property Info
| CIMLS# | 684123 |
| Location 10245 Airline Highway Baton Rouge LA 70816 | |
| Updated | March 19th, 2014 |
| Type | Motel |
| Price | $1,000,000 |
| Building | 75,473 Sq. Ft. |
| Land | 49299.44 acres |
Property Description
Baton Rouge 144 Room Budget Motel sits on 3.94 acres (ideal for future redevelopment site) currently operating as an independent motel. The total building is 75,473 sq feet and it consist of 5 buildings of which 3 buildings are three stories and 2 buildings are one story. Currently there 34 out of order rooms. The motel includes a pool and all the typical amenities of a limited service budget motel. The parking lot is paved asphalt with 285 parking bays. opportunity.
Location Description:
The subject is located 10245 Airline Highway in Baton Rouge, Louisiana. Just east of Interstate 12
Highlights:
>> Distressed Open Motel (Lender Owned)
>> 144 rooms (34 Out Of Order Rooms) 3.94 acres
>> No Past Financials
>> Cash Transaction Only (No Lender Financing)
>> Sold "AS IS" Inspection Period 14 days / Closing 14 days
* Email for additional photos
Financials
Sales Info:
>> Commision split: 3.0%