for sale
Holiday Inn Baton Rouge
9990 Airline Hwy | Baton Rouge, LA 70816
Investment Highlights
- Multi-million dollar renovations completed 2019
- Located in State Capitol, near Louisiana State University
- High visibility off Highway 61 & Interstate 12
Property Description
NewGen Advisory is pleased to present the Holiday Inn – Baton Rouge, LA for sale. The hotel consists of 140 guest rooms and has full service amenities such as a bar, restaurant, meeting rooms, and two pools. There was a multi-million dollar renovation completed in 2019. The hotel caters to a wide range of guests in the Baton Rouge market.
Location Description
The Holiday Inn – Baton Rouge, LA is located along Airline Highway 61, just a quarter mile north of the highway’s intersection with I-12. This makes the property easily accessible from areas north and south of the property, via Airline Highway, as well as areas east and west of the property, via I-12. The I-10 is two miles west of the property and connects Baton Rouge to New Orleans and Houston.
The hotel is an ideal location for visitors to Baton Rouge, as it is situated less than six miles from Downtown Baton Rouge and Raising Cane’s River Center, less than eight miles from Louisiana State University, and just over 10 miles from Baton Rouge Metropolitan Airport. This presents a great investment opportunity with revenue upside due to under-performing RevPAR penetration in its market area.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Jigar “Jay” Desai
Senior Vice President
AZ #SA675144000
(520) 664-4091
jigar.desai@newgenadv.com
Kishan Gohel
Senior Vice President
AZ #SA684403000
(480) 766-6014
kishan.gohel@newgenadv.com
BROKER OF RECORD
Charles Loescher
CML Commercial Real Estate Services LLC
#BROK.912122967-ACT