For Sale
$899,900

400 Pete Harris DrShreveport, LA 71101

Profitable Louisiana Motel, 42 Rooms

Overview

Added:
Dec 11, 2024
Days on market:
115
This 42-key motel in Shreveport, Louisiana presents a compelling investment opportunity. Built in 1970 and renovated in 2018, the property boasts 11,761 square feet on a 0.27-acre lot. Located at 400 Pete Harris Dr, Shreveport, LA 71101, this established motel offers 42 well-maintained rooms, providing comfortable accommodations for guests. The asking price is $899,900, translating to $76.52 per square foot. Its prime location within a thriving community ensures a strong customer base, promising significant growth potential. The motel's modern amenities and serene atmosphere contribute to a positive guest experience, making it an attractive option for travelers. This property represents a solid investment with potential for substantial returns, ideal for both experienced and aspiring hospitality investors. The property's history and established presence in the Shreveport market provide a strong foundation for future success. The combination of its location, size, and recent renovations makes this a highly desirable asset in the competitive hospitality sector. This is a chance to acquire a well-maintained, profitable motel with a proven track record in a growing market.

Property Details for 400 Pete Harris Dr

Property type
Hospitality properties, Motels
Square Feet
11,761 SF
Year Built/Renovated
1970/2018
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Shreveport
County
Caddo Parish
State
Louisiana
Latitude
32.5076541
Longitude
-93.7592219
400 Pete Harris Dr, Shreveport, Louisiana

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400 Pete Harris Dr
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