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401 N Lake Shore Dr
Lake Charles, LA 70601
The Marco Hotel · Hospitality Property For Sale
·
84,263 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2023 |
| Building Class | B | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 2.22 AC | Corridor | Interior |
| Building Size | 84,263 SF | ||
| Zoning | T-5 - General Commercial Zone | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.22 AC |
| Building Size | 84,263 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1998/2023 |
| Parking Ratio | 1.48/1,000 SF |
| Corridor | Interior |
| Zoning | T-5 - General Commercial Zone |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 401 N LAKE SHORE DR , LAKE CHARLES, LA 70601
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest of a limited-service hotel located in Lake Charles, Louisiana. The fully renovated hotel consists of 111 rooms and contains a diverse exposure to both the transient and leisure business in the area. Current ownership acquired the hotel in Q1 2016 when the hotel was operating as Americas Best Suites Lake Charles. After acquisition, they commenced on a full top-to-bottom renovation and conversion PIP into a Quality Suites by Choice Hotels. Given the recent renovation, there is expected to be no change of ownership PIP required for the buyer. Lake Charles is the fifth-largest incorporated city in the U.S. state of Louisiana, located on Lake Charles, Prien Lake, and the Calcasieu River. It is considered a regionally significant center of petrochemical refining, gaming, tourism, and education, being home to McNeese State University and Sowela Technical Community College. Lake Charles has the biggest casino market in the state of Louisiana including: L' Auberge, Golden Nugget, Isle of Capri Casino and the slots at Delta Downs. The opening of the Golden Nugget casino at the end of 2014 boosted overall growth in the local casino market by more than 40%.
PROPERTY TAXES
| Parcel Number | 00945994 | Improvements Assessment | $397,120 |
| Land Assessment | $100,650 | Total Assessment | $497,770 |
PROPERTY TAXES
