This Hospitality Property is no longer advertised on LoopNet.com.

1016 N Martin Luther King Hwy
Lake Charles, LA 70601
Comfort Suites Lake Charles · Hospitality Property For Sale · 70 Rooms

Investment Highlights

  • 70 units, interior corridor
  • Partial renovations completed in 2023 - minimal PIP to buyer
  • 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
  • Priced below replacement cost at $70,714 per key.
  • Strategically situated in a key location for liquefied natural gas (LNG) plants

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.38 AC
Building Size 42,468 SF
No. Rooms 70
No. Stories 3
Year Built/Renovated 2008/2021
Parking Ratio 0.99/1,000 SF
Corridor Interior
Zoning Business

Amenities

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

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 70 $98.00 -

Property Taxes

Property Taxes

Parcel Number
00402125C
Land Assessment
$26,740
Improvements Assessment
$375,840
Total Assessment
$402,580
  • Listing ID: 31809621

  • Date on Market: 5/15/2024

  • Last Updated:

  • Address: 1016 N Martin Luther King Hwy, Lake Charles, LA 70601

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