6199 Highway 165, Columbia, Louisiana, 71418
6,373 Sqft
2.06 Acres
17 ba
#218703
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.
PROPERTY FEATURES
- Utilities : Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected
- Water Source : Public
- Sewer : Septic Tank
- Parking Features: Asphalt
- Exterior Features : Rain Gutters
- Zoning : Parish
- Zoning Description : Parish
- Cooling on Property:
- Cooling: Wall/Window Unit(s), Electric
- Heating on Property:
- Heating : Electric, Wall Furnace
- Construction Materials: Brick Veneer
- Roof: Metal
- Interior Features: Storage, See Remarks
- Flooring : Concrete, Tile
PROPERTY DETAILS
ID: 218703
Status: Active
Price: $1,350,000
Acres: 2.06 Acres
Price Per Acre: $655,340
Type: Other
Address: 6199 Highway 165
City, State: Columbia, Louisiana
County: Caldwell
Zip Code: 71418
Lat/Long: 32.121815, -92.066677
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