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- LoopNet Team
1591 W Prien Lake Rd
Lake Charles, LA 70601
Residence Inn Lake Charles · Hospitality Property For Sale
·
62,782 SF
INVESTMENT HIGHLIGHTS
- Six-Story, 92-Room, Steel Constructed Extended-Stay, Upscale Marriot International-Branded Hotel
- The Fifth Largest City in Louisiana, Lake Charles’ Economy Focuses on Petrochemical Refining, Gambling, Tourism, and Education
- Located Near the Tellurian Driftwood LNG Project Containing an Incoming 1,200-Acre Project, Expected to Create Approximately 6,500 Construction Jobs
- Recent Updates: New Roof, Re-Skinned and Painted Stucco Exterior, New VTAC Units in Each Room, New LVT Flooring in Guest Rooms, and New Tile in Lobby
- Room for Expansion: Five Empty Penthouse Suites Located on the Top Floor, and Three Offices Connected to the Hotel - can be Leased Out or Renovated
- Trailing 12-Month STR Includes a RevPAR of $115.84, 18% Higher than the STR Suggested Competitive Set
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 62,782 SF |
| Property Subtype | Hotel | No. Stories | 6 |
| Building Class | B | Year Built | 2015 |
| Lot Size | 0.59 AC | Corridor | Interior |
| Zoning | BMU - Business Mixed Use | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.59 AC |
| Building Size | 62,782 SF |
| No. Stories | 6 |
| Year Built | 2015 |
| Corridor | Interior |
| Zoning | BMU - Business Mixed Use |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
ABOUT 1591 W PRIEN LAKE RD , LAKE CHARLES, LA 70601
The Residence Inn Lake Charles is an upscale, extended-stay Hotel built with steel construction in 2015. The Hotel features 92 spacious guest rooms with recent updates including a new roof, exterior with re-skinned and painted stucco, new VTAC units in guest rooms, nine new rooftop units, new LVT flooring in guest rooms and meeting space, and new tile in the lobby. Additional amenities include 460 square feet of meeting and event space, an outdoor pool, a business center, a guest laundry facility, and a fitness center.
PROPERTY TAXES
| Parcel Number | 00068586 | Improvements Assessment | $1,403,400 |
| Land Assessment | $65,900 | Total Assessment | $1,469,300 |
PROPERTY TAXES
