6199 Highway 165, Columbia, LA 71418
sale
$1,350,000
|
Other
Courtesy Of John Rea Realty
NEW PRICE! | 8.93% CAP RATE | FULLY REBUILT IN 2024 Rare opportunity to acquire a fully renovated, income-producing 16-room motel on approximately 2.06 acres along US-165 in Columbia, Louisiana. Family Built Motel was effectively rebuilt in 2024 with extensive capital improvements including all new electrical, complete under-slab and interior plumbing replacement, new HVAC systems, tankless water heaters with circulation system, insulation, furnishings, fixtures, and equipment. Property features a diverse room mix including kitchenette suites, family accommodations, ADA-accessible lodging, and standard king, queen, and double-bed guest rooms supporting nightly, weekly, and extended-stay demand. Self check-in operations with digital access provide efficient day-to-day management. Sale includes real estate, furnishings, fixtures, equipment, and operating business (excluding business name). Limited local competition, established income stream, and immediate operational capability make this an attractive investment, 1031 exchange, or owner-operator opportunity.
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Property Features
- Age: 1-5 Years Old
- Amenities: Security System
- Architecture Style: Other
- Building Units: 16
- Cooling System: Window Unit(s)
- Cooling System: Electric
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Brick Veneer
- Exterior Type: Brick
- Floor Covering: Tile
- Floor Covering: Concrete
- Heating System: Electric (Heating)
- Heating System: Wall Furnace
- MLSID: 218703
- Roof Type: Metal
- Rooms: Laundry
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