Holiday Inn Express & Suites - Pineville (Alexandria), LA

Holiday Inn Pinevillle LAAvison Young, as sole exclusive agent, is pleased to offer the fee simple interest in the Holiday Inn Express & Suites Pineville/Alexandria (hereinafter "Property", or "Hotel"), a select service hotel located in Pineville, Lousiana. 

The Property is situated just off interstate 49, approximately three miles from downtown Pineville, five miles from downtown Alexandria and 13 miles away from Alexandria international Airport. The Hotel is located near local tourist attractions such as Kent Plantation House, Lousiana Maneuvers & Military Museum, Loyd Hall Plantation, Riverfront Convention Center, Alexandria Museum of Art, Alexandria Zoological Park, Delta Music Museum and Arna Botemps African American Museum & Cultural Arts Center. Dining, shopping, and entertainment options are within a few miles from the hotel. The Hotel offers easy access to a variety of outdoor activities such as hiking, biking, horseback, ATV and multi-use trails. Local businesses near the Hotel include Boise Cascade, Cleco Power, Union Tank Car Company and Veterans Administration Hospital. 

The Property is a four-story, interior corridor hotel which is currently under construction. The Hotel has a lobby, reception and breakfast area, guest laundry facilities, convenience store, fitness center, meeting room, and hotel-wide WiFi Interent access. The Property offers 81 nonsmoking guestrooms that include flat-screen televisions, a large work desk, WiFi, microwave, mini-refrigerator, cable/satellite premium channels, stereo/ radio, coffee maker, and phone with voicemail. Holiday Inn Express & Suites by InterContenintal Hotels Group standard amenities are provided in all guestrooms. 

Property Highlights

  • 81 non-smoking rooms
  • Four-story, interior corridor building, under construction
  • Ideal for owner operator
  • Close proximity to Alexandria, Louisiana
  • Minimal change of ownership PIP, due to being newly constructed

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:

  • Excellent brand affiliation with IHG
  • Newest hotel in the Pineville market
  • Opening 2nd Quarter 2017
  • New design prototype

Financial Highlights

  • Price- $9,000,000
  • Price Per Key- $113,580
  • Number of Rooms- 81

For more information on this listing contact Victor Kalyanji at 770-692-1605 or Victor.Kalyanji@AvisonYoung.com

published: 04-13-2017

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