1016 N Martin Luther King Hwy | Lake Charles, LA 70601
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1016 N Martin Luther King Hwy
Lake Charles, LA 70601
Comfort Suites Lake Charles · Hospitality Property For Sale · 41,400 SF
Investment Highlights
- 70 units, interior corridor
- Partial renovations completed in 2023 - minimal PIP to buyer
- Lake Charles has a large athletics draw and is known for its theatrical and cultural events and is one of the highest producing gas and oil areas in t
- Priced below replacement cost at $70,714 per key.
- Strategically situated in a key location for liquefied natural gas (LNG) plants
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2021 |
| Building Class | B | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 1.52 AC | Corridor | Interior |
| Building Size | 41,400 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.52 AC |
| Building Size | 41,400 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2021 |
| Parking Ratio | 1.71/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $434,920 | |
| Land Assessment | $27,550 | Total Assessment | $462,470 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$27,550
Improvements Assessment
$434,920
Total Assessment
$462,470
zoning
| Zoning Code | Business |
| Business |
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