Marketplace
Diligence open
SpringHill Suites Shreveport-Bossier City
Bossier City, LouisianaExtended-stay hotelDiligence open — offers reviewed weekly
- Price guidance
- $23.8M guidance
- Keys
- 150
- TTM revenue
- $5.9M
- NOI
- $2.0M
- Occupancy
- 67%
- ADR
- $145
- RevPAR
- $97
- Cap rate
- 8.4%
Public summary
150-key SpringHill Suites hotel in Bossier City, LA. Upper-midscale extended-stay asset with branded distribution and Bossier City, Louisiana demand drivers.
- SpringHill Suites flag with national reservation distribution
- Upper-midscale extended-stay operating model in the Bossier City market
- 150 keys with in-place cash flow and brand-standard condition
Seller
Hotel owner, developer, and operator headquartered in Iowa, with properties across Hilton, Marriott, IHG, Choice, and other brand families in markets nationwide.
- Company
- Hawkeye Hotels
- Headquarters
- Coralville, Iowa
- Deal room
- Seller approval required
- Process
- Offers accepted online
Asset and market overview
Location
Bossier City, Louisiana draws corporate, leisure, and event demand that supports the SpringHill Suites flag.
Asset
Extended-stay hotel operating under the SpringHill Suites brand, offered as an individual asset.
Upside
- Revenue management optimization
- Expense benchmarking against comp set
- Negotiated corporate account growth
Property facts
- Year built
- —
- Last renovated
- —
- Brand class
- Upper-midscale extended-stay
- Brand family
- Marriott
- Keys
- 150
- Address
- Bossier City, Louisiana — full address shared with approved buyers