Holiday Inn Baton Rouge South

Highlights:

• Multi-million dollar renovations completed
• Full service amenities
• Located in State Capitol, near Louisiana State University
• High visibility off Highway 61 & Interstate 12
• Ten-X auction platform December 2nd – 4th

Description:

NewGen Advisory is pleased to present a hospitality investment opportunity in Baton Rouge, Louisiana. The Holiday Inn consists of 140 guest rooms and has full service amenities such as a bar, restaurant, meeting rooms, and two pools. The due diligence vault will have access to all of the financials and third party reports. This hotel will be live on the Ten-X auction platform December 2nd – 4th.

The property is located along Airline Highway 61, just a quarter mile north of the highway's intersection with I-12. This makes the property easily accessible from areas north and south of the property, via Airline Highway, as well as areas east and west of the property, via I-12. The I-10 is two miles west of the property and connects Baton Rouge to New Orleans and Houston. The hotel is an ideal location for visitors to Baton Rouge, as it is situated less than six miles from Downtown Baton Rouge and Raising Cane’s River Center, less than eight miles from Louisiana State University, and just over 10 miles from Baton Rouge Metropolitan Airport. This presents a great investment opportunity with revenue upside due to under-performing RevPAR penetration in its market area.