La Quinta Inn & Suites Shreveport Airport is in the marketplace, providing a strategic location and funding potential.
The La Quinta Inn & Suites Shreveport Airport is at present listed on the market. This corporate-owned property, situated in Shreveport, Louisiana, options 117 rooms and stands 4 tales tall. Its location provides handy entry to main transportation routes, together with Interstate 20 and Interstate 49, and is located close to Shreveport Regional Airport. The resort serves quite a lot of company, together with these touring for enterprise, industrial functions, and leisure.
Funding Particulars
The sale contains mineral rights related to the property, which may present future revenue by leasing alternatives. The resort has undergone renovations and won’t require a Property Enchancment Plan (PIP) till January 2028. Wyndham might problem a brand new PIP at the moment, with a two-year completion window for the franchisee.
Operational Effectivity
The property shall be offered with out current administration, providing potential for improved operational effectivity. This presents a possibility for a brand new operator to implement centered income administration methods and scale back company overhead bills.
Demand Drivers
The resort’s location supplies quick access to a number of vital demand mills. These embody the Shreveport Regional Airport, LSU Well being Shreveport, a Common Electrical plant, and a number of biomedical analysis amenities. Moreover, the proximity to well-liked casinos in Bossier Metropolis, equivalent to Sam’s City On line casino and Horseshoe Bossier Metropolis On line casino, contributes to its attraction.
Market Context
Shreveport is acknowledged as a regional hub with constant leisure and enterprise journey demand. The town advantages from its cultural establishments, riverfront casinos, and proximity to Barksdale Air Drive Base. The native market provides a steady surroundings for long-term resort funding, supported by low improvement prices and favorable zoning.
Inquire at CBRE.