OFFERING OVERVIEW:
Offered for sale is the Best Western Natchitoches Inn, located in Natchitoches, Louisiana. The hotel is strategically positioned along University Parkway with convenient access to Interstate 49, providing connectivity throughout Central and Northwest Louisiana. The offering also includes the adjoining Arcade Natchitoches and Jerry’s Pizza, a complementary entertainment and food-and-beverage component featuring arcade gaming, duckpin bowling, virtual-reality attractions, group event space, and on-site dining. The property benefits from a diverse mix of university, corporate, leisure, and event-driven demand, supported by Northwestern State University, the Natchitoches National Historic Landmark District, Cane River attractions, regional employers, and the area’s strong festival and tourism calendar. As a Best Western-branded hotel, the property benefits from established brand recognition and a broad reservation network, while its accessible interstate location and proximity to key demand generators position the asset to capture consistent year round lodging demand and offer long-term investment potential.
PROPERTY OVERVIEW:
The subject property remains in good condition, supported by recent renovations and an ongoing capital improvement plan. A change of-ownership Property Improvement Plan (PIP) is estimated to cost approximately $50,000+/-, though this figure is only a preliminary estimate. *The actual PIP requirements must be verified directly with Best Western Hotels and Resorts, as they are determined solely at the franchisor’s discretion and may vary in both scope and cost. This includes, without limitation, any franchisor requirements related to a change of ownership. The Recipient is solely responsible for independently verifying all such matters.
MARKET OVERVIEW:
Natchitoches is located in north-central Louisiana along the Interstate 49 corridor, providing convenient connectivity to Alexandria to the south and Shreveport to the northwest. Established in 1714, Natchitoches is recognized as the oldest permanent settlement within the territory encompassed by the Louisiana Purchase and serves as a regional center for education, tourism, healthcare, government, and commerce. The area is anchored by Northwestern State University and benefits from a significant tourism economy centered around the 33-block Natchitoches National Historic Landmark District, Cane River National Heritage Area, and Cane River Creole National Historical Park, which includes the historic Oakland and Magnolia Plantations. The region’s distinctive French, Spanish, African American, Native American, and Creole heritage supports a strong cultural tourism base, complemented by festivals, events, outdoor recreation, and group travel throughout the year. Together with university-related visitation and regional business activity, these demand generators provide Natchitoches and the surrounding area with a diversified base of year-round lodging demand.
Certain mineral rights and/or mineral agreements affecting the property may exist separately from the fee simple interest being conveyed. Any such rights, agreements, assignments, reservations, surface-use rights and related obligations should be independently reviewed and confirmed by the purchaser through title review, due diligence and Louisiana legal counsel.
Property Highlights:
Location Highlights:
Financial Highlights:
License #: B-25039
(228) 313-2727alexishajjar@dshhoteladvisors.com