Best Western Plus Regency Park
Best Western Plus Regency Park is a 63-room, three-story hotel in Walker, Louisiana, built in 2016 and fully renovated in 2021. The property is projected to generate $380,067 in Year 1 NOI, supported by a RevPAR of $51.84, an ADR of $83.17, and a 65.1% occupancy rate. Priced upon request.
The hotel comprises 31,500 SF across three stories on a 1.53-acre lot at 13600 Hartman Lane, positioning it as a well-maintained, modern hospitality asset in the Walker market. The recent 2021 renovation ensures current amenities and operational standards, appealing to both owner-operators and passive investors seeking stable hospitality income.
- 63 guest rooms, three-story building
- Year 1 Pro Forma NOI of $380,067
- Built 2016, fully renovated 2021
- RevPAR $51.84 with 65.1% occupancy
- 1.53-acre lot on Hartman Lane
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Location
The Best Western Plus – Walker, located at 13600 Hartman Lane, Walker, Louisiana, offers an attractive hotel investment opportunity. The property features 63 guest rooms within a three-story building originally constructed in 2016 and renovated in 2021, providing a modern and well-maintained hospitality asset.The hotel is projected to generate a Year 1 Pro Forma Net Operating Income (NOI) of $380,067, supported by a RevPAR of $51.84, an Average Daily Rate (ADR) of $83.17, and an estimated 65.1% occupancy rate in 2024, demonstrating strong income potential and operational performance.