Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 138-room Best Western Plus Westbank located in Harvey, Louisiana. The Best Western Plus is a limited-service hotel featuring an on-site restaurant, bar/lounge, and a number of other amenities. The property consists of one 3-story building located on a 3.07-acre parcel. The hotel has excellent frontage on Lapalco Boulevard, a busy east-west road with exposure to a large number of travelers. Downtown New Orleans and the French Quarter are easily accessible via nearby U.S. Highway 90. The hotel has the benefit of an on-site restaurant, in addition to an existing military contract (MEPS). The Best Western Plus Westbank is an opportunity to acquire an asset in a highly-desirable region below replacement cost with an opportunity to add value.
