2018 Allison St | Morgan City, LA 70380
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- LoopNet Team
2018 Allison St
Morgan City, LA 70380
La Quinta Inn & Suites by Wyndham Morgan City · Hospitality Property For Sale
·
27,000 SF
INVESTMENT HIGHLIGHTS
- Situated on 1.45-acre, Built in 2008 and recently renovated, the property features new LVT flooring, HVAC units, LED lighting, and flat-screen TVs
- .Current absentee owner, strong upside potential through strategic management and targeted marketing efforts.
- Situated approximately 68 miles southeast of Lafayette, 64 miles south of Baton Rouge, and 86 miles west of New Orleans.
- PIP was completed in 2020, likely a modest PIP on transfer or can convert to a Baymont Inn for minimal PIP.
- Close to key corporations including Halliburton, Baker Hughes, Conrad Shipyard, Cameron/Schlumberger, Oceaneering International Inc, and South-Central
- Morgan City is undergoing a $30M Ports West Dock Expansion Project, anticipated to boost economic activity and attract increased industrial traffic
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 2008 |
| Building Class | B | Parking Ratio | 2.04/1,000 SF |
| Lot Size | 1.45 AC | Corridor | Interior |
| Building Size | 27,000 SF | ||
| Zoning | C-2 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.45 AC |
| Building Size | 27,000 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Parking Ratio | 2.04/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 3284341353 | Improvements Assessment | $137,827 |
| Land Assessment | $19,100 | Total Assessment | $156,927 |
PROPERTY TAXES
Parcel Number
3284341353
Land Assessment
$19,100
Improvements Assessment
$137,827
Total Assessment
$156,927
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