- 2.5x Room Revenue Multiplier
- 21 Percent Five-Year IRR; 17 Percent Cash on Cash Return
- Well-Maintained Property; Renovated in 2017
- Excellent TripAdvisor Reviews; 2018 Certificate of Excellence Recipient
- 4 Miles from Alexandria International Airport
- Close Proximity to Interstate 49
Marcus & Millichap has been chosen to exclusively market for sale the Best Western of Alexandria Inn & Suites & Conference Center, a two-story limited service hotel located in Alexandria, Louisiana. The hotel consists of 187 exterior corridor rooms with close proximity to U.S. Route 71 and Interstate 49. Amenities include a heated indoor pool & spa, fitness center, guest laundry facilities, and complimentary coffee in the lobby. Business amenities include a business center and 7,977 square feet of meeting space. Each guest room is well-appointed and equipped with a 40-inch LCD TV, work desk with lamp, mini refrigerator, microwave, and coffee maker. Select suites include a separate living area with sofabed and coffee table, jetted tub, and/or closet and dresser.
Alexandria is in the state of Louisiana and is the parish seat of Rapides Parish. The city lies on the south bank of the Red River in the center of the state. It is the principal city of the Alexandria metropolitan area which encompasses all of Rapides and Grant parishes. Alexandria is on a level plain in the center of the Longleaf Pine forests, in which pine is interspersed with various hardwoods. A number of small bayous, such as Bayou Rapids, Bayou Robert, and Hynson Bayou, meander throughout the city. Alexandria offers a variety of arts and cultural events and venues, such as the Alexandria Museum of Art, the Louisiana History Museum and the Coughlin-Saunders Performing Arts Center.