Hospitality Group

AUCTION: June 28-30 (Ramada Inn - Shreveport, LA)

Ramada-Inn-Shreveport-Louisana-Hotel-Assets-Group-AuctionThe Property is situated just off interstates 20 and 220, at their interchange, and across the interstate from the Shreveport Regional Airport. Downtown Shreveport is 11 miles northeast of the Hotel. Local attractions include the casino district, Gardens of the American Rose Center, Independence Stadium, and the Louisiana Boardwalk. Local businesses near the Hotel include BASF, Frymaster, General Motors, International Paper, Schlumberger, Tango Transport, and Willis Knighton Medical Center. 

The Property is a six-story, interior corridor hotel built in 1982 as a Holiday Inn, and converted to a Ramada in February 2016. The Hotel has a reception area, restaurant, lounge, 4,813 square feet of meeting space, indoor/outdoor pool, hot tub, fitness center, and guest laundry facilities. The Property has 226 guestrooms including 22 suites. All rooms contain a king and/or double bed. The Property offers standard amenities such as work desk with chair, self-controlled heating/cooling, lamps, and flat screen TV. Select rooms include a sofa bed, fireplace, and kitchen. 

There is an opportunity to retain the Ramada flag as well as potential up-branding opportunities: Holiday Inn, DoubleTree, Radisson and Red Lion. This property has a redevelopment opportunity into a senior living/assisted living center.

Property Highlights

  • 226 guestrooms (including 22 suites)
  • Located across Interstate 220 from Shreveport Regional Airport
  • Six-story, interior corridor building, built in 1982
  • Select rooms include fireplace and kitchen
  • Near local area vbusinesses such as International Paper and General Motors

Property Tour dates will be available by appointment only on:
Wednesday, June 15th from 12pm - 5pm local time
Wednesday, June 22nd from 12pm - 5pm local time
Please contact either listing broker, Michael Bernath or Brad Sinclair to schedule.

For more information about this investment opportunity, please contact Brad Sinclair, Michael Bernath, or Rex Cagle.

Brad Sinclair: BSinclair@HotelAssetsGroup.com or 770-692-1605
Michael Bernath: MBernath@HotelAssetsGroup.com or 770-692-1605
Rex Cagle: RCagle@HotelAssetsGroup.com or 770-692-1605

 

published: 06-14-2016

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