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$2,800,000
Est. payment /mo
0.9 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2536979
HOA Y/N No
Year Built 1972
Lot Size 0.900 Acres
Acres 0.9
Property Description
Prime investment opportunity at the Siesta Motel, 5353 Westbank Expressway & 990 Avenue K, Marrero, LA. This independently operated, 68-unit, two-story motel, built in 1972, spans 24,322 sq ft across 0.90 acres with C-2 zoning, featuring two buildings (45 units and 23 units, each with varied room layouts). Includes an exterior-corridor design, spacious on-site manager's quarters (3 BR, 2.5 BA), and benefits from Flood Zone X for lower insurance costs. Ideally located off Highway 90, adjacent to Archbishop Shaw and Academy of Our Lady high schools, and less than 1 mile from LCMC West Jefferson Medical Center and Winn-Dixie. Great for owner-operators seeking value-add potential through renovations and optimized revenue strategies in the vibrant New Orleans metro area. Contact us for a comprehensive offering memorandum with financials and detailed insights.
Location
State LA
County Jefferson
Zoning C-2
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Building
Lot Description City Lot, Oversized Lot
Dwelling Type Hotel/Motel
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Living Quarters
Others
Tax ID 0420004939
Special Listing Condition None
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Listed by NOLA Living Realty
NEARBY SCHOOL & BUSINESS
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