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La Quinta Inn & Suites by Wyndham New Orleans 2610 Williams Blvd 198 Room Hotel Kenner, LA 70062 For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a corporate-owned, 198- room, five-story, La Quinta Inn & Suites that is conveniently located off Interstate 10.
- The La Quinta will be delivered unencumbered of management. This project presents significant potential upside for a more hands-on operator.
- Upon completion of the PIP, the LQ will be able to increase its market positioning by capitalizing on the strong corporate, group and leisure demand.
EXECUTIVE SUMMARY
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the corporate-owned La Quinta Inn & Suites in Kenner, Louisiana. The property is located off Interstate 10, providing easy access to Louis Armstrong New Orleans International Airport, French Quarter, Caesars Superdome, Audubon Zoo, Pontchartrain Center, and several restaurant and recreation area. Thanks to its prime location, the 198-room hotel receives business from a diverse population of both sport and leisure segments.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 198 |
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1973/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.78 AC | Parking Ratio | 2.2/1,000 SF |
| Building Size | 97,896 SF | Corridor | Interior |
| Zoning | C | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.78 AC |
| Building Size | 97,896 SF |
| No. Rooms | 198 |
| No. Stories | 5 |
| Year Built/Renovated | 1973/2013 |
| Tenancy | Single |
| Parking Ratio | 2.2/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $152.08 CAD | - |
| Guest Room | 191 | $124.17 CAD | - |
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Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 0920024885 | Improvements Assessment | $1,143,520 CAD |
| Land Assessment | $419,927 CAD | Total Assessment | $1,563,447 CAD |
PROPERTY TAXES
Parcel Number
0920024885
Land Assessment
$419,927 CAD
Improvements Assessment
$1,143,520 CAD
Total Assessment
$1,563,447 CAD
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La Quinta Inn & Suites by Wyndham New Orleans | 2610 Williams Blvd
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