Property Overview
Highlights:
• 74-Unit Residential-Style Extended-Stay Hotel
• Offered at $4,875,000 | Approximately $65,900 Per Unit
• Former Residence Inn with Apartment-Style Suites
• Established Extended-Stay Operation Serving Short- & Long-Term Guests
• Convenient Access to Interstate 20 & Shreveport–Bossier City Metro
• Near Barksdale Air Force Base, Casinos & Major Entertainment Destinations
• Proximity to Regional Healthcare Facilities & Corporate Demand Generators
• Distinctive Layout with Potential Repositioning Opportunities
• Value-Enhancement Potential Through Capital Improvements & Operational Efficiencies
The Extended Studio Suites in Bossier City, Louisiana, presents a unique opportunity to acquire a 74-unit, residential-style extended-stay hotel in the Shreveport–Bossier City metropolitan area. Originally constructed as a Generation 1 Residence Inn and most recently affiliated with MainStay Suites, the property features apartment-style accommodations and residential amenities designed for short- and long-term guests. The hotel is being offered without a franchise affiliation, providing flexibility for independent operation or potential repositioning.
Conveniently located near Interstate 20, the property benefits from proximity to Barksdale Air Force Base, regional healthcare facilities, major employers, casinos, entertainment venues, and established corporate and leisure demand generators.
The two-story property features a distinctive residential-style layout that differentiates it from traditional corridor-style hotels. Originally comprising 82 units, the property is being marketed with 74 units following fire damage that resulted in the loss of eight units.
Offered at approximately $65,900 per unit, Extended Studio Suites presents an opportunity for investors seeking an established extended-stay asset with potential to enhance value through targeted capital improvements, operational efficiencies, and strategic repositioning.
Property Highlights
| Asking Price | $4,875,000 |
| Location | Off I-20 |
| Property Description | Limited Service |
| Number of Rooms | 74 |
| Major Source of Business | Casino, Medical, Business, Tourism, Leisure |
| Site Size | +/- 2.73 |
| Year Built |
1983 |
| Last Year Renovated |
1990 |
| Common Area Amenities | Breakfast area, business center, fitness room, vending machines, guest laundry & outdoor pool & tennis/pickellball court |