206 S Franklin Street

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Address: 206 S Franklin Street, Bastrop, Louisiana, US
Created date: January 19, 2024
Date last updated: April 11, 2024
  • 32 Guestrooms
  • 2022 Room Revenue: $367,629
  • 2023 Room Revenue: $351,038
  • 3 Bedroom Manager’s Apartment
  • Ideal for an Owner Operator

Property Description

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

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings | Hospitality
Price: $1,200,000
No. of Units: 32
Year Built: 1960
Lot Size: 0.87 Sq ft
Opportunity Zone: No
Price per unit: $37,500
Property Website Click Here
Address: 206 S Franklin Street, Bastrop, LA 71220, USA
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