561-658-1326
1004 N Martin Luther King Hwy, Lake Charles, LA for Sale
Hospitality - FOR SALE
1/34
null | Request Cap Rate

1004 N Martin Luther King Hwy
Lake Charles, LA 70601


HIGHLIGHTS

  • Value add opportunity for a new owner to increase RevPAR and decrease expenses
  • 51-key fee-simple property offered significantly below replacement cost
  • Located off the I-10, near several casinos and a state park
  • Less then 5 miles from Chennault International Airport

OVERVIEW

Jennifer Stein Real Estate, Inc. and out of state cooperating broker PHD Realty LLC are pleased to present the Super 8 by Wyndham located at 1004 Martin Luther King Hwy, Lake Charles, LA, 70601. This 51-unit limited-service hotel is being sold fee-simple, unencumbered by management and below replacement cost. This hotel is perfect for an owner operator or first time hotelier. If you have been searching for an easy to manage hotel in the sunbelt at a great value, the Super 8 Lake Charles is the property for you. Property Tours: Do not contact on-site staff. All property tours must be scheduled through the listing agent. Please email Evan Darrow at evan@phdrealtyllc.com for all requests.

FOR SALE DETAILS

PRICE

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# OF ROOMS

51

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 Lake Charles Northeast

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

2005

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

Motel

APN/PARCEL ID

00322881

ASK ABOUT THIS PROPERTY

Evan DarrowPHD Realty LLCMore Info
561-658-1326

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Evan DarrowPHD Realty LLCMore Info
561-658-1326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.