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610 Martin Luther King Jr Blvd
Morgan City, LA 70380

$4,200,000 USD

Hotel For Sale  •  28,500 SF

Property Details

  • Property Type Hotel
  • Total Building Size 28,500 SF
  • Lot Size 1.32 AC
  • Building Class B
  • Year Built 2007
  • Zoning C-2
40 Walk Score

Highlights

Extremely attractive Cap Rate at 11%+
Perfect owner operator opportunity with aggresive cash flow day one - 26%+ Net Cash on Cash Return
Centrally located within Morgan City’s Cajun Coast region
Proximity to major employers, medical facilities, higher education, and government operations
USDA Financing Eligible

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 68
Type: Surface
Included in Rent: Yes
Raiyan Rab 404-398-2090 NUMARIX
Raiyan Rab 404-398-2090 NUMARIX