investment offering summary hilton garden inn hampton inn ... · 2 la quinta inn & suites...

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Investment Offering Summary Hampton Inn – Milwaukee, WI NKF Hotels is pleased to present the fee simple interest in the 140-room Hilton Garden Inn located in Shreveport, LA (“Property” or “Hotel”). The Property is conveniently located off Exit #10 of I-20 in Shreveport, LA and is just 3 miles east of Shreveport Regional Airport and 6 miles south of Shreveport Yacht Club. According to the Owner, the Property has a new roof and is in the final stages of completing a lobby renovation. This is an excellent opportunity for an investor looking to enter or expand in the Shreveport market. INVESTMENT SUMMARY HILTON GARDEN INN Shreveport, LA PROPERTY OVERVIEW Address 5971 Financial Plaza, Shreveport, LA Parish Caddo Rooms 140 Stories / Year Built 4 / 2008 Renovations Last major renovation was completed in 2013. Site Area +/- 2.41 acres Elevators 2 Hotel Website http ://hiltongardeninn3.hilton.com/en/hote ls/louisiana/hilton-garden-inn-shreveport- SHVSHGI/index .html ARISPAH ELISE HOGAN - Louisiana Broker of Record- License #912122592 LOUISIANA BROKER OF RECORD: 770.552.2469 770.552.2450 404.926.1082 614.561.8338 FOR MORE INFORMATION PLEASE CALL ONE OF THE FOLLOWING NUMBERS BELOW:

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Page 1: Investment Offering Summary HILTON GARDEN INN Hampton Inn ... · 2 La Quinta Inn & Suites Shreveport Airport 117 1991 3 Courtyard Shreveport Airport 90 1999 4 Homewood Suites Shreveport

Investment Offering SummaryHampton Inn – Milwaukee, WI

NKF Hotels is pleased to present the fee simple interest in the 140-room Hilton Garden Inn located in Shreveport, LA

(“Property” or “Hotel”). The Property is conveniently located off Exit #10 of I-20 in Shreveport, LA and is just 3 miles

east of Shreveport Regional Airport and 6 miles south of Shreveport Yacht Club. According to the Owner, the

Property has a new roof and is in the final stages of completing a lobby renovation. This is an excellent opportunity

for an investor looking to enter or expand in the Shreveport market.

INVESTMENT SUMMARYHILTON GARDEN INN Shreveport, LA

PROPERTY OVERVIEW

Address 5971 Financial Plaza, Shreveport, LA

Parish Caddo

Rooms 140

Stories / Year Built

4 / 2008

Renovations Last major renovation was completed in2013.

Site Area +/- 2.41 acres

Elevators 2

Hotel Website http://hiltongardeninn3.hilton.com/en/hotels/louisiana/hilton-garden-inn-shreveport-SHVSHGI/index.html

ARISPAH ELISE HOGAN - Louisiana Broker of Record- License #912122592

LOUISIANA BROKER OF RECORD:

770.552.2469 770.552.2450 404.926.1082 614.561.8338

FOR MORE INFORMATION PLEASE CALL ONE OF THE FOLLOWING NUMBERS BELOW:

Page 2: Investment Offering Summary HILTON GARDEN INN Hampton Inn ... · 2 La Quinta Inn & Suites Shreveport Airport 117 1991 3 Courtyard Shreveport Airport 90 1999 4 Homewood Suites Shreveport

DEMAND MAP

FINANCIALS

As of December 2017, the Property had a total revenue of $3.2M with an Occupancy, ADR and RevPAR of

67.3%, $84.52, and $56.88 respectively. The Property is budgeted to achieve a total revenue of $3.4M with an

ADR and Occupancy of $93 and 71% respectively in 2018. Please note the this Hotel is part of a cross

collateralized loan with a Hampton Inn & Suites located in Natchez, MS.

The Hotel benefits from its location off exit #10 and its close proximity to Shreveport Regional Airport. There

are number of retail and dining options that include but are not limited too; the Westport Shopping Center,

Hunting Park Shopping Center, Walmart Supercenter, The Home Depot, Cracker Barrel, CiCi’s, Whataburger,

and IHOP.

COMPETITIVE SET

PRIMARY COMPETITIVE SET

Hotel# of

Rooms

Yr.

Built

Subject Hilton Garden Inn Shreveport 140 2008

1 Wingate by Wyndham Shreveport Airport 105 1996

2 La Quinta Inn & Suites Shreveport Airport 117 1991

3 Courtyard Shreveport Airport 90 1999

4 Homewood Suites Shreveport 123 2009

5 Best Western Plus Airport Inn & Suites 74 2016

The primary competitive setconsists of 6 hotels totaling 649rooms (including the SubjectHotel). All of the STR reports forthe Hotel may be found in theonline due diligence vault.

No. Demand Generator Map

1 Shreveport Regional Airport (SHV)

2 Interstate 20

3 Expo Hall / Convention Center

4 Westport Shopping Center

5 Louisiana Baptist University &

Seminary

6 Louisiana State University at

Shreveport

7 LSU Health Science Center

8 Downtown Shreveport and Riverwalk

9 Independence Stadium

10Barksdale Air Force Base

1

2

3

4

5

7

8

9

10

6

Page 3: Investment Offering Summary HILTON GARDEN INN Hampton Inn ... · 2 La Quinta Inn & Suites Shreveport Airport 117 1991 3 Courtyard Shreveport Airport 90 1999 4 Homewood Suites Shreveport
Page 4: Investment Offering Summary HILTON GARDEN INN Hampton Inn ... · 2 La Quinta Inn & Suites Shreveport Airport 117 1991 3 Courtyard Shreveport Airport 90 1999 4 Homewood Suites Shreveport