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68700 HWY 190 SERVICE RD
COVINGTON, LA 70433-5395
Asking Price
Contact for price
Asset Type
Hotel Hospitality
Class
Class B
What's Special
Hospitality | 72 Keys <p><span style="color: rgba(0, 0, 0, 1)">Covington, Louisiana, is experiencing significant growth, with a number of new developments that could drive hotel sales.</span></p><p></p><p></p><h3><span style="color: rgba(0, 0, 0, 1)">Economic and Industrial Development</span></h3><ol><li><span style="color: rgba(0, 0, 0, 1)">Laborde Products: This diesel engine distributor is expanding its operations by establishing a new $5.8 million center at its headquarters in Covington. This project, announced
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
