Remodeled 17-Unit
13468 Highway 90 Boutte, LA 70039
13468 Highway 90, Boutte, LA, 70039
$650,000
For Sale
$650,000
Remodeled 17-unit motel with dedicated operations room and an owner/manager suite built in 1976.
Property Size3,300 SF
Price / SF$196.97
Days on Market121
Property Features for 13468 Highway 90
General Information
- Standard status
- Active
- Size
- 3,300 SF
Listing agency
NOLA Living Realty
(504) 513-6652
Listed by
Tony Smith · License #995694535
(504) 513-6652
Source
Exprealty
Added: Mar 25 Updated: Jul 22 at 6:53PM Checked: Jul 22 at 6:53PM
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 NOLA Living Realty
Investment Insights
Based on property information with market context.
A 17-unit motel constructed in 1976, offering approximately 3,300 square feet of rentable area. The property includes a 2,146-square-foot owner/manager’s suite with three bedrooms and three bathrooms, plus a large dedicated room for motel operations. The motel was fully remodeled following Hurricane Ida and was fitted with a new roof.
The property is located in the heart of Boutte, Louisiana, just a few hundred feet from Walgreens, Majoria’s Supermarket, and The Village Shopping Center.
This configuration combines on-site resident space with a dedicated operations area, supporting day-to-day motel management within the same facility.
The property is located in the heart of Boutte, Louisiana, just a few hundred feet from Walgreens, Majoria’s Supermarket, and The Village Shopping Center.
This configuration combines on-site resident space with a dedicated operations area, supporting day-to-day motel management within the same facility.
Key Highlights
- 17‑unit motel with approximately 3,300 SF of rentable area
- Built in 1976 and fully remodeled after Hurricane Ida
- Includes a 2,146 SF owner/manager’s suite with 3 bedrooms and 3 bathrooms
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.4k | $18.00 |
| − Vacancy | −$20.8k | −$6.30 |
| EGI | $38.6k | $11.70 |
| − OpEx | −$20.3k | −$6.14 |
| NOI | $18.3k | $5.56 |
3,300 SF · lease $18.00/SF/yr · vacancy 35.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$262.0K
$229.3K – $305.7K
NOI $18,340 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$870.6K
$761.8K – $1.02M
NOI $60,944 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Motels
Similar Off Market Nearby
- Budget Inn Motel — 143 Myrtle St, Boutte, LA 70039
- Southern Inn — 13468 US-90, Boutte, LA 70039
- Traila en Luisiana — 13448 US-90, Boutte, LA 70039
- Boost — Boutte, LA 70039, United States
FAQs
What type of property is this?
Motel - Remodeled 17-unit motel with dedicated operations room and an owner/manager suite built in 1976.
Where is this motel located?
The property is located at 13468 Highway 90 Boutte, LA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 17‑unit motel with approximately 3,300 SF of rentable area; Built in 1976 and fully remodeled after Hurricane Ida; Includes a 2,146 SF owner/manager’s suite with 3 bedrooms and 3 bathrooms
