Hospitality Business for Sale in Port Allen, LA
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Port Allen, LA 70767
Description
Marcus & Millichap is pleased to present the Studio 6 - Extended Stay in Port Allen, LA. The Studio 6 - Extended Stay presents a great opportunity to acquire a top-performing extended-stay hotel in the Greater Baton Rouge market. Built in 2019, the hotel has consistently outperformed its competitive set. The Studio 6 Port Allen benefits from its proximity to major industrial, energy, and employment centers, including BP Lubricants, Placid Refining, ExxonMobil Baton Rouge Refinery, and Downtown Baton Rouge, creating a stable base of corporate and workforce demand. The Studio 6 Port Allen offers investors the opportunity to acquire a proven, top-performing extended-stay hotel with limited downside risk. Additionally, the hotel has a beautiful on site managers unit Investment Highlights: • 195.4 Percent RevPAR Index for the Past Three Years • Strategically Located Near Major Industrial and Energy Employers, Including ExxonMobil, BP Lubricants, and Placid Refining • Two-Bedroom Manager's Apartment on Site
Market Context
This hospitality in Port Allen, LA is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing hospitality assets. It has been on the market for 68 days. Compare it against other hospitality listings for sale in Port Allen, LA — <a href="/search/sale/hospitality/louisiana/port-allen">view the full market</a>.
Contact
- David J. Altman · (954) 245-3426 · david.altman@marcusmillichap.com