7271 Airline Hwy Baton Rouge, LA 70805-5505

Property Details for 7271 Airline Hwy

Lot size

1.00 lot acres

Property type

Investment properties

Property subtype

Retail residential properties

APN

269271

APU

269271

Description

This exceptional 97-key extended-stay hotel in Baton Rouge, Louisiana, presents a lucrative investment opportunity. Located at 7271 Airline Highway, 70805, this property boasts a prime location just minutes from downtown Baton Rouge, offering convenient access to major employers including Exxon Plant, a Paper Mill, and a Tree Landscaping company. The hotel features newly renovated rooms, each equipped with a full kitchenette, free Wi-Fi, and comfortable furnishings (double or king-sized beds). Amenities include a gated community with security cameras, a picnic area, BBQ area, basketball and volleyball courts, and a laundromat. The current business model caters to a diverse clientele, including business travelers, students, medical professionals, and visitors, with many repeat guests staying for periods ranging from one week to one month. The property's strong occupancy rates are supported by established weekly and monthly rates, ranging from $350 to $1200 per month, depending on room size and configuration. The seller may consider seller financing for qualified buyers, with a down payment of $950,000 and terms negotiable. This property offers significant potential for continued operation as an extended-stay hotel or conversion into a multi-family apartment complex. The property previously had 150 rooms and was converted to 95 rooms approximately four years ago

Location Insight

City

Baton Rouge

County

East Baton Rouge

State

Louisiana

Longitude

-91.1149

Latitude

30.4819

CBSA code

12940

CBSA name

BATON ROUGE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments