13600 Hartman Ln, Walker, LA 70785 For Sale

Introducing the BEST WESTERN PLUS - WALKER, a prime investment opportunity located at 13600 Hartman Lane, Walker, LA. This modern hotel property boasts 63 rooms within a single three-story building constructed in 2016 and recently renovated in 2021. The BEST WESTERN PLUS - WALKER presents a strong financial outlook with a Year 1 ProForma NOI of $380,067, setting the stage for a lucrative investment. With a competitive RevPar of $51.84 and an ADR of $83.17, along with an impressive occupancy rate of 65.1% projected for 2024, this property promises excellent returns for savvy investors. Strategically located in Walker, an area experiencing a notable population growth of around 20% in the past decade, and benefiting from a diverse local economy including manufacturing, agriculture, and retail sectors, the BEST WESTERN PLUS - WALKER is poised to capitalize on the increasing demand for lodging and services in the region. Don't miss out on this exceptional investment opportunity that combines a strong financial performance with a promising market outlook.