1315 N Trenton St - Hospitality FOR SALE


Ruston, LA 71270
$6,750,000 USD
713-955-0012
1315 N Trenton St, Ruston, LA for Sale
$6,750,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

1315 N Trenton St
Ruston, LA 71270


HIGHLIGHTS

  • Average rooms revenue of $2,300,000 (2021-2024).
  • Institutionally owned and operated, providing upside for hands-on owner/operator.
  • Favorable rooms revenue multiplier of 2.8x based on 2024 rooms revenue.
  • Demand Generators: Two division 1 universities, Meta’s $10B facility, Ruston Sports Complex, and Buc-ee’s.
  • To construct a similar hotel, the estimated cost would be a minimum of $130K to $150K per key.
  • The change-of-ownership PIP report has been posted to our virtual deal room (VDR).

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=147462 HVS Brokerage & Advisory, in cooperation with Eric Vincent Guerrero, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 83-key Hampton Inn by Hilton located in Ruston, Louisiana. The hotel is currently institutionally owned and third-party operated, providing an excellent upside opportunity for a new, more aggressive owner/operator.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$150 USD /SF

# OF ROOMS

83

PRICE/ROOM

$81,325 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Inn Ruston

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1997

PARKING SPACES

86

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

CE

APN/PARCEL ID

4505

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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