NEW PRICE! 8.93% CAP RATE FULLY REBUILT IN 2024 Rare opportunity to acquire a fully renovated, income-producing 16-room motel on approximately 2.06 acres along US-165 in Columbia, Louisiana. Family Built Motel was effectively rebuilt in 2024 with extensive capital improvements including all new electrical, complete under-slab and interior plumbing replacement, new HVAC systems, tankless water heaters with circulation system, insulation, furnishings, fixtures, and equipment. Property features a diverse room mix including kitchenette suites, family accommodations, ADA-accessible lodging, and standard king, queen, and double-bed guest rooms supporting nightly, weekly, and extended-stay demand. Self check-in operations with digital access provide efficient day-to-day management. Sale includes real estate, furnishings, fixtures, equipment, and operating business (excluding business name). Limited local competition, established income stream, and immediate operational capability make this an attractive investment, 1031 exchange, or owner-operator opportunity.
Listing Update! The historic Corey Gin on Hwy 165 S has now been completely taken down to make room for new beginnings! Available for immediate use: 2-Acre Laydown Area, 6,000 SF Warehouse with 18' Eave Height and (2) 14'x14' Overhead Doors; 13,600 SF Drive-Thru Machinery Shed. Easy 18-Wheeler Access. Ideal Storage/Distribution Hub. Tenant Improvements and Lease Terms are Negotiable. For more information, call listing agent.
Columbia is located in Louisiana. Columbia, Louisiana has a population of 377. Columbia is less family-centric than the surrounding county with 22.47% of the households containing married families with children. The county average for households married with children is 28.43%.
The median household income in Columbia, Louisiana is $58,750. The median household income for the surrounding county is $41,861 compared to the national median of $69,021. The median age of people living in Columbia is 35.4 years.
The average high temperature in July is 92.8 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 58 inches per year, with 0.2 inches of snow per year.
