Extended Studio Suites Hotel - Bossier City/Shreveport, LA
Extended Studio Suites Hotel - Bossier City/Shreveport, LA
HREC Investment Advisors (“HREC IA”) has been retained to exclusively market to qualified investors, the opportunity to acquire the 72-room Extended Suites Studio Hotel Shreveport (“Hotel” or “Property”), located at 1001 Gould Dr, Bossier City, LA 71111.
- # Units
- 72
- Year Built
- 1983
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- Property Type
- Hotel & HospitalityMultifamily
- Deal Type
- Acquisition
- Risk Profile
- Core PlusValue-AddOpportunisticDistressed
This extended stay Hotel is a prime opportunity for a Multi-Family conversion. Common space is available, all rooms have full-size kitchens, and the Property features amenities such as an outdoor pool, hot tub, and a tennis court. This Hotel is located off the I - 20 & Hwy 3 interchange which typically sees 75,000 – 87,000 travelers daily (Source: LaDOTD).
Local Demand Generators
- Two Public Transit stops – Under 0.4 miles / 7 minutes
- Rusheon Middle School – 0.6 miles
- Heart O’Bossier Shopping Center – 0.6 miles
- 15 F&B Outlets – Under 0.7 miles
- 5+ large Churches – Under 1 mile
- Diamond Jacks Casino – 1.4 miles
- Super 1 Foods (Grocery) – 1.5 miles
- Pierre Bossier Mall – 1.9 miles
- Barksdale Airforce Base – 2.6 miles
- Shreveport, LA City Center – 2.9 miles
- Bossier Parish Community College – 4.7 miles