713-577-1760
2033 Highway 90, Berwick, LA for Sale
Hospitality - FOR SALE
1/111
null | Request Cap Rate

2033 Highway 90
Berwick, LA 70342


HIGHLIGHTS

  • The property has recently been renovated by the current owner and will likely have a very small PIP.
  • The current owner is out-of-state and operating the hotel absentee. This project has strong upside potential for a more hands-on owner to cut costs.
  • Morgan City is now in its design and construction phase of its $30 million Ports West Dock Expansion Project.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Suburban Studio in Morgan City, Louisiana. The property is located off Highway 90, just less than five miles from both South Central Louisiana Technical College and the Cajun Coast Convention Bureau. Morgan City is located 1 hour southwest of Lafayette, LA and 1 and a half hours east of New Orleans.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

78

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Suburban Studios Berwick - Morgan City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,444 SF

ZONING

-

APN/PARCEL ID

3044301100,3044301101

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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Michael YuCBRE, Inc.More Info
713-577-1760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.