Suburban Studios Berwick - Morgan City | 2033 Highway 90
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Suburban Studios Berwick - Morgan City 2033 Highway 90
78 Room Hotel Berwick, LA 70342 $4,300,000 ($55,128/Room)
Investment Highlights
- Located Right Off Highway 90
- Fully Renovated in accordance with the Suburban Studios Choice Hotel Franchise
- Close to demand generators
- The hotel has been Fully Renovated and was completed on October 2022
- All Rooms will be Delivered as Extended Stay Suites with built-in Kitchenettes in All the Rooms
- Bank Financing Available
Executive Summary
Rooms: 78
Interior Corridor
Year Built: 2009
Lot Size: 4 acres
3 Stories
Located Right Off Highway 90
The hotel has been Fully Renovated and was completed on October 2022
Fully Renovated in accordance with the Suburban Studios Choice Hotel Franchise
All Rooms will be Delivered as Extended Stay Suites with built-in Kitchenettes in All the Rooms
Close to demand generators
Bank Financing Available
The Suburban Studios Berwick-Morgan City in Louisiana is located just right off Highway 90 beyond the scenic banks of Morgan City's Atchafalaya River in St. Mary Parish. New Orleans, Baton Rouge, and Lafayette are all within a one-hour drive of the hotel. Nearby destinations include Lake End Park (5.2 miles), Brownell Memorial Park & Carillon Tower (6.2 miles), Wedell-Williams Aviation and Cypress Sawmill Museum (6.3 miles), Amelia Belle Casino (10.8 miles) and the Turn of the Century House. The hotel is just minutes from Oceaneering International (5.7 miles), Swiftships (5.3 miles), Conrad Industries (3.8 miles), Teche Regional Medical Center (4 miles) and more. Nearby restaurants include Bayou Lagniappe (2.1 miles), Sam's Southern Eatery (7.9 miles), Tampico's (7.8 miles), Rita Mae's Kitchen (4 miles), Cafe JoJo's (4.2 miles) and Popeyes Louisiana Kitchen (3.7 miles).
Location Highlights:
1. Proximity to Morgan City - the property is located just across the Atchafalaya River (42 miles) from Morgan City, a hub for offshore oil and gas industries.
2 Highway Access - Ssituated on Highway 90, the location offers excellent connectivity for road travelers. Highway 90 is a major corridor connecting New Orleans to Lafayette and beyond.
3. Nearby Industrial Activity - the area is known for its industrial activities, including shipbuilding, oil, and gas services, which bring consistent business to the local hospitality industry
4. Atchafalaya River - the property is near the scenic Atchafalaya River (42 miles). It's also close to the Atchafalaya National Heritage Area (22 miles)
5. Cultural and Historical Attractions - the nearby Morgan City is home to the International Petroleum Museum & Exposition (4 miles)
6. Healthcare Facilities - close to medical centers like Teche Regional Medical Center (4 miles), ensuring convenient access to healthcare needs
7. Corporate and Industrial Offices - several corporate offices and industrial operations tied to the region's oil and gas industry are nearby, making it a strategic lodging choice for business travelers
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
Interior Corridor
Year Built: 2009
Lot Size: 4 acres
3 Stories
Located Right Off Highway 90
The hotel has been Fully Renovated and was completed on October 2022
Fully Renovated in accordance with the Suburban Studios Choice Hotel Franchise
All Rooms will be Delivered as Extended Stay Suites with built-in Kitchenettes in All the Rooms
Close to demand generators
Bank Financing Available
The Suburban Studios Berwick-Morgan City in Louisiana is located just right off Highway 90 beyond the scenic banks of Morgan City's Atchafalaya River in St. Mary Parish. New Orleans, Baton Rouge, and Lafayette are all within a one-hour drive of the hotel. Nearby destinations include Lake End Park (5.2 miles), Brownell Memorial Park & Carillon Tower (6.2 miles), Wedell-Williams Aviation and Cypress Sawmill Museum (6.3 miles), Amelia Belle Casino (10.8 miles) and the Turn of the Century House. The hotel is just minutes from Oceaneering International (5.7 miles), Swiftships (5.3 miles), Conrad Industries (3.8 miles), Teche Regional Medical Center (4 miles) and more. Nearby restaurants include Bayou Lagniappe (2.1 miles), Sam's Southern Eatery (7.9 miles), Tampico's (7.8 miles), Rita Mae's Kitchen (4 miles), Cafe JoJo's (4.2 miles) and Popeyes Louisiana Kitchen (3.7 miles).
Location Highlights:
1. Proximity to Morgan City - the property is located just across the Atchafalaya River (42 miles) from Morgan City, a hub for offshore oil and gas industries.
2 Highway Access - Ssituated on Highway 90, the location offers excellent connectivity for road travelers. Highway 90 is a major corridor connecting New Orleans to Lafayette and beyond.
3. Nearby Industrial Activity - the area is known for its industrial activities, including shipbuilding, oil, and gas services, which bring consistent business to the local hospitality industry
4. Atchafalaya River - the property is near the scenic Atchafalaya River (42 miles). It's also close to the Atchafalaya National Heritage Area (22 miles)
5. Cultural and Historical Attractions - the nearby Morgan City is home to the International Petroleum Museum & Exposition (4 miles)
6. Healthcare Facilities - close to medical centers like Teche Regional Medical Center (4 miles), ensuring convenient access to healthcare needs
7. Corporate and Industrial Offices - several corporate offices and industrial operations tied to the region's oil and gas industry are nearby, making it a strategic lodging choice for business travelers
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
Property Facts
| Price | $4,300,000 | Building Size | 43,061 SF |
| Price Per Room | $55,128 | No. Rooms | 78 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2009/2022 |
| Property Subtype | Hotel | Parking Ratio | 2.15/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 1.23 AC | Opportunity Zone |
Yes
|
| Price | $4,300,000 |
| Price Per Room | $55,128 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.23 AC |
| Building Size | 43,061 SF |
| No. Rooms | 78 |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2022 |
| Parking Ratio | 2.15/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 78 | $134.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $190,500 | |
| Land Assessment | $32,436 | Total Assessment | $222,936 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$32,436
Improvements Assessment
$190,500
Total Assessment
$222,936
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Suburban Studios Berwick - Morgan City | 2033 Highway 90
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