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$2,190,000
Est. payment /mo
11,562 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 11,562 sqft
Price per Sqft $189
MLS Listing ID 2500004913
Lot Size 38768.400 Acres
Acres 0.89
Property Sub-Type Hotel/Motel
Property Description
Welcome to Sulphur Suites! Positioned in Sulphur's industrial corridor, Sulphur Suites represents a rare opportunity to acquire a stabilized income-generating asset with immediate cash flow and significant upside potential. Designed to meet the housing needs of regional plant workers, contractors, and traveling professionals, this 16-unit property blends multifamily consistency with the profitability of an extended stay model. It is operated and maintained by an experienced on-site team and managed with a website and online booking platform. Listed below appraised value and including many recent property improvements, this is an opportunity you won't want to overlook!
Location
State LA
Zoning Residential
Interior
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Tile, Carpet
Exterior
Exterior Feature Storage
Parking Features Parking Lot, Concrete
Roof Type Composition,Other
Garage false
Building
Foundation Slab
Sewer Public Sewer
Level or Stories 2
Others
Tax ID 00762105
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Listed by Parish Realty Acadiana