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10533 LA-70St James, LA 70086
Extended Stay America Suites
Asset ClassHotel & Hospitality
Deal Size$5.6 M
# Keys: 133Year Built: 2015Year Renovated: 2024Access Data Room
Donaldsonville-Gonzales Area
overview of deal

Overview

NewGen Advisory is pleased to present to qualified buyers, the Extended Stay America Suites in Saint James, Louisiana. This hotel was built in 2015 as an independent extended stay and was rebranded in July of 2024. Quickly stabilizing, the hotel is ready for a hands on operator to increase revenue and reduce expenses. Located along the banks of the mighty Mississippi River, nestled between Baton Rouge and New Orleans the hotel caters to many demand generators such as Chevron Oil, Union Pacific Railroad, and CFI Holdings. Financing is also available to qualified buyers.

Investment Highlights

  • 113 units, 4 story, interior corridor
  • Built in 2015 and completed rebrand and renovation in 2024
  • Located along the banks of the Mississippi River, between Baton Rouge and New Orleans
  • Surrounded by a multitude of companies such as Chevron Oil Refinery, CF Industries, & Union Pacific Railroad
  • Property is being offered unencumbered by management, allowing a more hands-on operator to maximize upside through improvement of efficiencies
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10533 LA-70St James, LA 70086

Sales Team

Kishan GohelSenior Vice President

License #: AZ SA684403000

(480) 766-6014kishan.gohel@newgenadv.com
Ryan J BodineSenior Vice President

License #: AZ - BR661940000 | UT - 11605059-PB00

(480) 236-9918ryan.bodine@newgenadv.com
Jigar "Jay" DesaiSenior Vice President

License #: AZ SA675144000

(520) 664-4091jigar.desai@newgenadv.com
Charles LoescherDesignated Broker

License #: LA #BROK.912122967-ACT

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