Best Western Bayou Inn
Best Western Bayou Inn – Westwego is a 67-room, two-story hotel offered at $5,100,000 at an 8.41% cap rate ($403,705 Year 1 NOI). Located at 9008 Westbank Expressway, the property sits just 12 miles from downtown New Orleans and 15 miles from Louis Armstrong International Airport, positioning it as a convenient lodging option for both leisure and business travelers.
Built in 2003 and renovated in 2023, the 34,144 SF hotel occupies 1.5 acres of commercial-zoned land with 85 parking spaces. The surrounding area benefits from strong economic drivers including Avondale Shipyard, Churchill Farms, and TPC Louisiana, which generate consistent demand for hospitality. The property is well-suited for an owner-operator seeking a recognized branded asset in an expanding market with convenient access to major New Orleans attractions and employment centers.
- 67 guest rooms, two-story building
- 2023 renovations; 34,144 SF on 1.5 acres
- 8.41% cap rate; $403,705 Year 1 NOI
- 12 miles from downtown New Orleans; 15 miles from Louis Armstrong Airport
- Strong demand drivers: Avondale Shipyard, Churchill Farms, TPC Louisiana
More property details
Location
The Best Western Bayou Inn – Westwego, located at 9008 Westbank Expressway, Westwego, Louisiana, presents an attractive hospitality investment opportunity. The hotel features 67 guest rooms within a two-story building and enjoys a strategic location just 12 miles from downtown New Orleans and 15 miles from Louis Armstrong New Orleans International Airport, providing convenient access to major attractions and business hubs. The surrounding area continues to benefit from economic growth driven by nearby destinations such as Avondale Shipyard, Churchill Farms, and TPC Louisiana, creating strong demand for lodging. Situated on 1.50 acres, the property encompasses approximately 34,144 square feet and underwent renovations in 2023, enhancing its appeal and operational potential. Well-suited for an owner-operator, the hotel offers an attractive Year 1 Pro Forma Net Operating Income (NOI) of $403,705, making it a compelling opportunity to acquire a recognized branded hotel in an expanding market.