2829 Williams Blvd - Hospitality FOR SALE


Kenner, LA 70062
$8,900,000 USD
504-322-1275
2829 Williams Blvd, Kenner, LA for Sale
$8,900,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

2829 Williams Blvd
Kenner, LA 70062


HIGHLIGHTS

  • Hotel offered fee simple and unencumbered by brand and management, minutes from Louis Armstrong Int'l Airport and offering immediate I-10 access.
  • 2829 Williams Boulevard boasts premier placement and visibility to over 103,000 vehicles traveling daily along the Interstate 10 Freeway.
  • Hotel contains 258 standard key rooms and 34 rooms that can be converted into additional income-generating suites.
  • Within a high barrier of entry market: Specifically, over the last 10 years there have been just four properties developed around the airport.
  • As of August 2023, over 4.15 million scheduled domestic flights and 81,000 scheduled international flights operated out of the NOLA airport.
  • Surrounded by national retailers and service providers, including CarMax, Chick-fil-A, Walmart Supercenter, Subway, KFC, and more.

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$22 USD /SF

# OF ROOMS

232

PRICE/ROOM

$38,362 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

292 Key Clarion Hotel Near NOLA Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1974

PARKING SPACES

247

LAND DETAILS

LAND ACRES

5.6 AC

LAND SF

243,778 SF

ZONING

C-2

APN/PARCEL ID

0920010597

ASK ABOUT THIS PROPERTY

Matthew PittmanBeau Box Commercial Real EstateMore Info
504-322-1275

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Matthew PittmanBeau Box Commercial Real EstateMore Info
504-322-1275

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.