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1016 N Martin Luther King Hwy
Lake Charles, LA 70601

$4,950,000 USD

Hotel For Sale • 41,400 SF

Property Details

Property Type Hotel
Total Building Size 41,400 SF
Lot Size 1.52 AC
Building Class B
Year Built 2008
Zoning Business

0 Transit Score

49 Walk Score

                
                    Highlights
                
                                70 units, interior corridor
                            
                                Priced below replacement cost at $70,714 per key.
                            
                                Partial renovations completed in 2023 - minimal PIP to buyer
                            
                                Strategically situated in a key location for liquefied natural gas (LNG) plants
                            
                                Lake Charles has a large athletics draw and is known for its theatrical and cultural events and is one of the highest producing gas and oil areas in t

Amenities

Business Center
Fitness Center
Pool
High Speed Internet Access
Patio
Meeting Event Space
Public Access Wifi
Smoke-Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
Lake Charles (Sunset Limited - Amtrak)	5 min	-	3.5 mi
Airport	Drive	Walk	Distance
Lake Charles Regional	19 min	-	11.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	71
Type:	Surface
Included in Rent:	Yes

Bharat Vakil-Patel 817-821-1536 NewGen Advisory

1016 N Martin Luther King Hwy Lake Charles, LA 70601