81 Rooms in Slidell, LA
$10,500,000
56460 Frank Pichon Rd, Slidell, LA 70458
35,789 sqft
Building Size
1 acres
Lot Area
Details:
Highlights:
- 3 stories, interior corridors, 81 units
- Minimal transfer PIP from Hilton
- 2023 gross revenue: $2,237,675 with $704,349 NOI
- Trailing 12-month room revenue to June 2024 is $2,134,892
- Located on Interstate 10 | 30 miles north of New Orleans
Description:
The Bowman Post Group of NewGen Advisory is pleased to present for sale the Hampton Inn by Hilton Slidell in Slidell, Louisiana. It is located on Interstate 10 on the road to New Orleans. The three-story Hampton Inn Slidell has 81 rooms and interior corridors. This property is outperforming it's competitive set and offers a minimal transfer PIP.
Slidell is located in the north shore of Lake Pontchartrain in St. Tammany Parish and is the 15th largest city in Louisiana. Only 30 minutes from New Orleans, the city provides easy access to interstate highways 1-10, 1-12, and 1-59, and is within 40 miles of Louis Armstrong New Orleans International Airport. Slidell is known for it's vibrant arts scene, historic district, diverse cuisine, and swamps, and abundant outdoor excursions
Location
