2020 Highland Road

Baton Rouge, LA 70802

Listing ID: 229949

$499,000

For Sale

Property Type Specialty : Hotel/Motel/Resort
Lot Size Acres 0.000
Building Sq Ft 2,250
Building Price per Sq Ft $221.78

2020 Highland Road Baton Rouge, LA 70802 - main image

Description

Fully-renovated well-maintained and 10 unit hotel complex available for sale located between Downtown Baton Rouge and LSU. Most rentals are on a weekly or monthly basis with corporate or contract tenants. Easily managed with one employee. Property is fully secured with iron electric gates and security camera system. All units are fully renovated and include new 32" flat-screen LCD TVs. Sale includes business, furniture, fixture and equipment. Employee manual and training included as well. Annual income of $90,000.00 per year. Turn-key business investment opportunity in this booming corridor.

Attachments & Files

23069790flyer2020highlandrd-too-S5N.pdf

Listing Demographics for 2020 Highland Road Baton Rouge, LA 70802

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		11,633	70,635	136,212
Population Median Age		35	35	36
Population by Age	0-9 Yrs	784 (6%)	6390 (9%)	15312 (11%)
	10-19 Yrs	1740 (14%)	10245 (14%)	18231 (13%)
	20-29 Yrs	3807 (32%)	19705 (27%)	33044 (24%)
	30-39 Yrs	1173 (10%)	8400 (11%)	17357 (12%)
	40-49 Yrs	1029 (8%)	6541 (9%)	12831 (9%)
	50-59 Yrs	1156 (9%)	6669 (9%)	13706 (10%)
	60-69 Yrs	1193 (10%)	7156 (10%)	14395 (10%)
	70+ Yrs	751 (6%)	5528 (7%)	11336 (8%)

Median HH Income		$28,943	$39,652	$42,858
Total Household Income	< 24K	1985 (44%)	10263 (36%)	18047 (34%)
	25-49K	1069 (23%)	5715 (20%)	11139 (21%)
	50-74K	717 (15%)	3818 (13%)	7136 (13%)
	75-99K	172 (3%)	2191 (7%)	4463 (8%)
	100-199K	419 (9%)	4309 (15%)	8481 (16%)
	200K+	145 (3%)	1793 (6%)	3672 (6%)

Highest Education Level	No Diploma	1389	4825	10299
	Diploma or GED	1701	9808	20459
	Some College	1243	7004	15967
	Assoc. Degree	216	1738	3505
	Bachelors Degree	1123	9934	17719
	Higher Degree	878	7530	13857

Total Housing Units		6,702	36,448	66,196
--Owner-Occupied		1,328	12,052	24,364
--Renter-Occupied		3,179	16,038	28,574
Owner-Occupied Values	< 100K	572	2706	5997
	100-199K	252	2848	5622
	200-299K	277	2912	5500
	300-399K	54	1558	2903
	400-499K	34	764	1524
	500K+	140	1264	2819

Total Working Age Population		10,464	61,143	113,797
In Work Force		6,621	39,099	71,963
Not In Work Force		3,842	22,045	41,835
Workforce Employed		5,572	35,525	65,363
Workforce Unemployed		1,049	3,513	6,503
Civlian Workforce		6,621	39,038	71,866
Military Workforce		0	61	97

Total Households		4,508	28,089	52,938
Family Households		1,621	12,079	25,972
Non-Family Households		2,887	16,010	26,967
Married Couple		697	7,418	15,127
Other Family		923	4,661	10,845
Married w/Child		134	2,404	5,171
Single Male w/Child		27	331	722
Single Female w/Child		235	1,733	4,347

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Louisiana	4,468,976	+1	4,533,372	+1	4,588,310	+5	4,813,420
East Baton Rouge Parish	412,852	+7	440,171	-3	426,380	-1	421,500
Iberville Parish	33,320	0	33,387	-17	27,830	-11	24,640
St. Martin Parish	48,583	+7	52,160	+6	55,520	+3	57,000
West Baton Rouge Parish	21,601	+10	23,788	-7	22,220	-5	21,070

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.