Portfolio | Hilton Garden Inn Shreveport | Hampton Inn & Suites Natchez

5971 Financial Plaza Shreveport, LA 71129

5971 Financial Plaza, Shreveport, LA, 71129
5971 Financial Plaza, Shreveport, LA, 71129
FOR SALE
Property Type:
Motel
FOR SALE
Amount:
Please Call Broker for Price

Last Verified:
Feb 21, 2020

Highlights

  • Directly off I-20 (70,525 ADT)
  • Shreveport Regional Airport
  • Barksdale Air Force Base
  • Cyber Innovation Center
  • Air Force Global Strike Command
  • LSU Health Sciences Center
  • VA Hospital
  • Casinos
  • 51 Annual Festivals
  • #4 film industry in the nation
  • Michael Bull of Bull Realty | MS License #19258 | LA License #0995682801-ACT

Description

Bull Realty, Inc. is pleased to offer the opportunity to acquire the fee-simple interest in the 86-key Hampton Inn & Suites in Natchez, MS and the 135-key Hilton Garden Inn in Shreveport, LA (referred to herein as the “Property(s),” “Asset(s),” or “Hotel(s)” both unencumbered of management. Both assets require significant PIPs, offering investors renovation upside, as well as, management upside. The properties are located on the main east-west arteries of their respective markets, nearby to primary market drivers. Both properties are offered unpriced, the seller is encouraging investors to make offers as these properties will be sold to the highest bidder.

The Hilton Garden Inn Shreveport's four-story building is adjacent to Shreveport Reginal Airport (SHV), the property is highly-visible off I-20's interstate providing strong connectivity to Texas Highway 220. It is strategically positioned to a strong mix of demand generators, including the Casinos, Red River, Barksdale Air Force Base, Shreveport Airport, Louisiana State University, local sporting venues and a number of corporate demand generators in the surrounding area.


Year Built: 2008
Building Size: 91440.0sq ft
Building Class: A
Lot Size: 3.21 acres

Map of 5971 Financial Plaza, Shreveport, LA, 71129

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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