Bank Owned Hotel Redevelopment or Multifamily Conversion Opportunity

1801 W Pinhook Road, Lafayette, LA 70508

  • For Sale $7,500,000
  • Property Type Other
  • Property Size 13,000 SF
  • Units 290
  • Additional Rent Contact for pricing
  • Year Built 1981
  • Year Renovated 2015
  • Date Updated Nov 26, 2024
Lafayette, LA1801

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Highlights

  • 290-key six-story concrete and steel frame building, in a U-shaped courtyard
  • Guestrooms and suites are oversized at an average of ±356 SF
  • Over 13,000 SF of meeting space and two retail food and/or beverage outlets to be leased out or operated inhouse, located in a single-story commercial building
  • Currently gutted with systems in place
  • CM (Commercial Heavy) is a comprehensive and broad zoning and favorable to multifamily conversions
  • Strong labor market
  • Architectural plans for a multifamily conversion may be available upon request
  • Potential seller financing available for qualified purchaser for purchase and renovation
  • Branding flexibility presenting a potential redevelopment opportunity
  • Priced well below replacement
  • Lafayette has shown interest in converting similar properties to apartments
  • Extra parking that can be converted into a standalone retail pad
  • Some FFE and drywall retained from interior demo that can potentially be used in a multifamily conversion or sold in a hotel conversion
  • Bull Realty LA License #0995682852

Contacts

broker

Tom French

Bull Realty

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lafayette, LA
  • Zip Code 70508
  • Market Lafayette Lake Charles

Points of Interest

  • Acadiana Courier Tux & Limo

    0.44 miles

  • Lafayette

    2.33 miles

  • Chevron

    1.27 miles

  • Exxon

    1.30 miles

  • Tobacco Plus

    1.82 miles

  • ChargePoint

    2.31 miles

  • Citgo

    2.46 miles

  • Shell

    2.50 miles

  • Circle K

    2.66 miles

  • Costco Gasoline

    3.24 miles

  • Tesla Supercharger

    5.24 miles

  • Lafayette Regional Airport Parking Lot

    1.75 miles

  • Parking Garage

    2.20 miles

  • The Bayou Church Parking

    2.63 miles

  • Nature Station Visitor Parking

    4.60 miles

  • Temporary Nature Station Preserve and Trails Parking

    4.80 miles

  • Copperfield Estates/South & the Village pool

    5.82 miles

  • Lake Martin North Car Park

    6.50 miles

  • Lake Martin Visitor Center Parking

    6.85 miles

  • Wyndham Garden Lafayette

    0.02 miles

  • Staybridge Suites Lafayette-Airport

    0.06 miles

  • Best Western Plus Vermilion River Suites Hotel

    0.15 miles

  • Comfort Suites Oil Center

    0.18 miles

  • Fairfield Inn & Suites Lafayette South

    0.21 miles

  • DoubleTree by Hilton Hotel Lafayette

    0.22 miles

  • Courtyard Lafayette Airport

    0.26 miles

  • Discovery Inn & Suites

    0.27 miles

  • Hampton Inn & Suites Lafayette

    0.32 miles

  • Residence Inn Lafayette Airport

    0.36 miles

  • Pizza Hut

    0.17 miles

  • Subway

    0.18 miles

  • Outback Steakhouse

    0.19 miles

  • The Crawfish Spot

    0.22 miles

  • Whataburger

    0.23 miles

  • Taco Bell

    0.26 miles

  • Cane's

    0.31 miles

  • T-Coon's

    0.35 miles

  • Possidon's

    0.38 miles

  • Chris' Po Boys

    0.43 miles

  • Saint Pius Elementary School

    0.72 miles

  • Ashton Grace Montessori School

    0.91 miles

  • Legacy Park

    1.12 miles

  • Islamic Center of Lafayette School

    1.31 miles

  • Our Lady of Fatima School

    1.44 miles

  • University of Louisiana at Lafayette

    1.49 miles

  • L J Alleman Middle School

    1.67 miles

  • Lafayette Charter High School

    1.70 miles

  • Lafayette Alternative Program School for Students

    1.71 miles

  • Lafayette Continuing Academic Program School for Students

    1.71 miles

  • Jumpstart Academy

    5.85 miles

Frequently Asked Questions

How much does Bank Owned Hotel Redevelopment or Multifamily Conversion Opportunity cost?

The space currently listed for sale at Bank Owned Hotel Redevelopment or Multifamily Conversion Opportunity asks for $7,500,000.

What is the total square footage of Bank Owned Hotel Redevelopment or Multifamily Conversion Opportunity?

Bank Owned Hotel Redevelopment or Multifamily Conversion Opportunity totals 13,000 square feet.

When was this property built?

Bank Owned Hotel Redevelopment or Multifamily Conversion Opportunity was built in 1981.

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Contact Listing Broker

broker

Tom French

Bull Realty