15368 La-26 Jennings, LA 70546
- Hospitality properties
- 1.20 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 15368 La-26
- Year built
- 1986
- Lot size
- 1.20 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This turnkey hotel investment opportunity presents the Budget Inn Jennings, a 29-key property situated on a 1.2-acre lot at 15368 LA-26, Jennings, LA 70546. The 16,772 square foot building, constructed in 1986, offers significant potential for return. The asking price is $839,000, translating to an attractive price per key of $28,931. The property benefits from its location within a thriving community, boasting a projected 2024 median household income of $53,923 within a one-mile radius. The MV zoning designation provides flexibility for future development or operational adjustments. This established hotel presents a compelling opportunity to capitalize on the consistent demand for lodging in the area. The property's size and established infrastructure make it an ideal acquisition for investors seeking a profitable venture in the hospitality sector. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-located, established hotel in a growing market. Serious inquiries only.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jennings
- County
- Jefferson Davis Parish
- State
- Louisiana
- Longitude
- -92.663
- Latitude
- 30.256