- For Sale $1,200,000
- Property Type Other
- Property Size 11,760 SF
- Units 32
- Lot Size 0.87 Acre
- Parking Spaces Avail. 28
- Year Built 1960
- Year Renovated 2021
- Date Updated Apr 11, 2024
Located in northern Louisiana, at the intersection of Highway 165 and Highway 425 is the Budget Inn in Bastrop.This 32-unit Budget Inn is located at the intersection of Highway 165 and Highway 425 in Bastrop, Louisiana. Bastrop, Louisiana has a historic downtown encompassed by farmland, recreational activities, and manufacturing and distributing. The property did $367,629 in 2022 Room Revenue. With the 3 bedroom, onsite manager's apartment, this property is an ideal fit for an owner operator. The hotel is located in an opportunity zone.
BROKER OF RECORD: Charles Loescher CML Commercial Real Estate Services, LLC | 504.908.1722 | LA#995681920
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Attachments
Highlights
- 32 Guestrooms
- 2022 Room Revenue: $367,629
- 2023 Room Revenue: $351,038
- 3 Bedroom Manager’s Apartment
- Ideal for an Owner Operator
False
Contacts
Brendan "Mac" Bleier
NewGen Advisory
(805) 557-8867
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (58) -
Bike Score ®
Somewhat Bikeable (44)
Powered by Walk Score ®
- City Bastrop, LA
- Neighborhood Bastrop
- Zip Code 71220
Points of Interest
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Sonic
1.15 miles
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Taco Bell
1.26 miles
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McDonald's
1.41 miles
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Wendy's
1.51 miles
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Pizza Hut
1.60 miles
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South Side Elementary School
0.27 miles
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Bastrop Freshman High School
0.33 miles
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Morehouse Junior High School
0.62 miles
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Morehouse Alternative School
0.62 miles
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East Side Elementary School
0.68 miles
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Morehouse Magnet School
0.79 miles
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Bastrop High School
0.94 miles
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Our Lady Help of Christians School
0.94 miles
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Carver Elementary School
1.11 miles
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Oak Hill Elementary School
1.25 miles
Contact Listing Broker
Brendan "Mac" Bleier
NewGen Advisory
(805) 557-8867