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Limited-Service Hotel Property
For Sale
Contact for pricing
Pending

1620 North University Ave, Lafayette, LA 70506

Two-story exterior corridor limited-service hotel offers 121 rooms and amenities including a pool, fitness center, and meeting space.

Property SizeContact for details
Lot Size4.80 Acres
Days on Market43

Property Features for 1620 North University Ave

General Information

Standard status Pending
Lot size 4.80 Acres
Property subtype Hospitality

Additional Details

Furnished Yes
Highway Access Yes

Amenities

outdoor pool
fitness center
complimentary breakfast
guest laundry facilities
business center
meeting room

Building Details

Stories 2
Listing Agency: Stirling
Listed By: Manish D Sthanki · License #Louisiana 0099561907-ASA
Source: Crexi
Added: Jul 21 Changed: Aug 14 Last Checked: Aug 30 at 7:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stirling

Investment Insights

Based on property information with market context.

The property is a two-story, exterior corridor, limited-service hotel featuring 121 rooms. Guest amenities include an outdoor pool, fitness center, complimentary breakfast, and guest laundry facilities. Business center offerings include a business center and a meeting room that can accommodate 65 people. Rooms have been recently renovated and include flat screen TVs, new bedding, an armoire, desk, refrigerator, and microwave.

The hotel is attractively located along Interstate 10 and includes a large truck parking area. The site is described as 4.8 acres.

According to the marketing remarks, there is a current franchise window with expiration noted as 2018, along with ongoing seller improvements and visibility along the interstate.

Key Highlights

  • 121‑room, two‑story exterior‑corridor limited‑service hotel along Interstate 10
  • 4.8 acres with large truck parking area
  • Amenities include outdoor pool, fitness center, complimentary breakfast, and guest laundry

Property Analytics

Current Use

Smart Stay Inn ... Hotel & Motel

Suggested Use

Top Pick Law Firm Spa & Massage Center Pharmacy Gym & Fitness Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 70506, LA

39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Two-story exterior corridor limited-service hotel offers 121 rooms and amenities including a pool, fitness center, and meeting space.
Where is this hotel located?
The property is located at 1620 North University Ave Lafayette, LA.
What are key features of this property?
This property features: 121‑room, two‑story exterior‑corridor limited‑service hotel along Interstate 10; 4.8 acres with large truck parking area; Amenities include outdoor pool, fitness center, complimentary breakfast, and guest laundry
More about this property
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