58506 YAUPON Drive, Slidell, LA 70461
Robert Park · St Tammany County
Key Facts
Description
Exceptional hospitality investment opportunity at the Olivia Inn. This stabilized, income-producing 63-unit motel offers immediate cash flow with a projected 10.2% cap rate at the current asking price. The property features two separate two-story lodging buildings with 32 king rooms and 31 queen rooms, a dedicated main office, spacious on-site manager's quarters, and 57 parking spaces. Currently, 48 units are in rentable condition and generating income, while 15 additional units require renovation before being returned to service. These 15 units represent a significant value-add opportunity, offering investors the ability to increase occupancy, expand revenue, and further enhance overall property performance upon completion of renovations. Ideally located just off I-10 and Gause Blvd, the property provides convenient access to dining, shopping, hospitals, and the Greater New Orleans metro area. Zoned NC-2 Neighborhood Commercial and situated in an X Flood Zone. Strong in-place income and proven operating history make this an excellent opportunity for investors or owner-operators seeking a hospitality asset with immediate cash flow and substantial upside potential through strategic renovations and operational improvements. Contact listing agent for additional investment details and financials.
Property Information
Property Type
Commercial Sale
Structure Type
Hotel/Motel
Year Built
1964
Living Area
20,024 sq ft
Lot Dimensions
150 x 291
Zoning
NC-2
Days on Market
39
MLS® Listing#
2560807
Property Features
Parking
Lot Features
Construction
Sewer
Water Source
Financial Details
Parcel Number
37159
Affordability Calculator
$259,000
Estimated monthly payment
$6,893/mo
Principal $1,036,000 · Est. interest $1,445,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Slidell, LA
- $293,519
- Median Listing Price
- 79
- Median Days on Market
- 2,000
- Median Sq Ft
- $144
- Median Price / Sq Ft
- 605
- Active Listings
- This home’s price is 341% above the area median.
- Its price per sq ft is 55% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Slidell, LA.
Location
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Points of Interest in Slidell, LA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 220 GAUSE Boulevard, Slidell, LA | $975,000 | — | — | 9,000 |
| 158 S MILITARY Road, Slidell, LA | $975,000 | — | — | 5,000 |
| 726 E I-10 SERVICE Road, Slidell, LA | $980,000 | — | — | — |
| 52486 HIGHWAY 90 Highway, Slidell, LA | $980,000 | 5 | 5 | 3,090 |
| 0 TAMMANY TRACE Street, Slidell, LA | $985,500 | — | — | 3,179,880 |
| 3012 MARINA VILLA N, Slidell, LA | $995,000 | 4 | 4 | 3,173 |
Moving Cost Estimate
EXIT Agents in Slidell
Listing Courtesy: NOLA Living Realty - 5043019757