Avison Young Lists La Quinta Inn & Suites - Boutte, LA

La Quinta Inn & Suites Boutte, LAAvison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the La Quinta Inn & Suites (hereinafter “Property,” or “Hotel”), a select service hotel located in Boutte, Louisiana.

The Property is located just off Highway 90 with quick access to Interstate 10, and is approximately 30 miles from downtown New Orleans. The Hotel is a short 20 minute drive to the Louis Armstrong New Orleans International Airport. The Property is conveniently located near local and area attractions such as graceful mansions, swamp tours, Bourbon Street, Harrah’s Casino, and the New Orleans Convention Center. The Hotel is easily accessible to both Loyola University and Xavier University. Guests who stay at the Property can enjoy shopping and dining at The Shops at Canal Place and the Lakeside Shopping Center. Guests can enjoy golf at the Fashions Golf Course nearby, or go for a stroll at the St. Charles Bridge Park. The Ormand Country Club, New Orleans Zephers, and the New Orleans Superdome are also easily accessible. Local businesses and other local points of interest near the Hotel include St. Charles Parish and Oschner Hospitals, Dow Chemical, Texaco, Occidental and Shell Chemical, as well as the U.S. Coast Guard Command Center and Naval Air Station.

The Property is a three-story, interior corridor hotel which was opened in 2012. Hotel amenities include a reception and breakfast area, convenience store, an outdoor pool, fitness center, meeting room, and hotel-wide WiFi Internet access. The Property offers 60 nonsmoking guestrooms with king and queen beds that include flat-screen televisions, a work desk, WiFi, microwave, mini-refrigerator, and coffee maker.

Property Highlights

  • 60 non-smoking rooms
  • Three-story, interior corridor building
  • Situated on approximately 1.2 acres
  • Near local area businesses—St. Charles Parish and Oschner Hospitals, Dow Chemical, Texaco, Occidental and Shell Chemical, U.S. Coast Guard Command Center and Naval Air Station.

Upside Potential

There are a number of compelling aspects to this investment opportunity, which should provide a significant increase in value for an investor, which are as follows:

  • Well positioned hotel off Highway 90 and easy access to Interstate 10
  • Property is in excellent physical condition
  • Management upside with individual owner/operator
  • Great location to capture business from the major area industries
  • Minimal new owner PIP expected

 Financial Highlights 

  • Price- $4,100,000
  • Price per Key- $68,333
  • Number of Rooms- 60

 For more information on this listing contact Wendy Blissett at (678) 596-9669 or Wendy.Blissett@AvisonYoung.com.

published: 03-17-2017

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