610 Martin Luther King Jr Blvd - Hospitality FOR SALE


Morgan City, LA 70380
$4,500,000 USD
404-398-2090
610 Martin Luther King Jr Blvd, Morgan City, LA for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

610 Martin Luther King Jr Blvd
Morgan City, LA 70380


HIGHLIGHTS

  • Well positioned 57-room interior-corridor hotel built in 2007
  • Highly accessible location just half a mile from Highway 90 at Exit 176
  • Centrally located within Morgan City’s Cajun Coast region
  • Proximity to major employers, medical facilities, higher education, and government operations
  • Bank financing available

OVERVIEW

Rooms: 57 Interior Corridor 2 Stories Year Built: 2007 Lot Size: 1.32 acres Half a mile off Hwy. 90, Exit 176 Close to all demand generators Bank Financing Available The Best Western Morgan City Inn is located in Morgan City in the Cajun Coast region of Louisiana, half a mile off Hwy. 90, Exit 176. This hotel is near the Amelia Belle Casino (6.3 mi) and just 30 minutes from Cypress Bayou Casino (32.3 mi) with its headlining entertainers. The Atchafalaya at Idlewild Golf Course (8.1 mi) is also nearby. Lake Palourde (6.5 mi) and Kemper Williams Park (7.6 mi) offer a variety of outdoor recreation opportunities. Additional nearby points of interest include Brownell Memorial Park and Carillon Tower (4.5 mi), Nicholls State University is 28.6 miles away, and the International Petroleum Museum and Exposition is just 2.2 miles away from the hotel. Located about an hour from Louis Armstrong New Orleans International Airport (70.8 mi), and a short distance from some of the town's top attractions. Location Highlights: 1. Strategic Central Morgan City Location - Conveniently located in Morgan City’s city center along Martin Luther King Jr. Blvd, offering easy access to the local business district and area attractions. 2. Near Major Attractions & Cultural Destinations - International Petroleum Museum and Exposition – 2–2.5 miles, showcasing the region’s oil & gas heritage. - Turn of the Century House Museum – 2 miles, historic attraction highlighting local history. - Brownell Memorial Park & Carillon Tower – 4–5 miles, popular public park and community space. - Lake End Park & Lake Palourde – 3 miles, scenic water access with recreational activities like boating, fishing, and trails. 3. Strong Local Demand Drivers - Teche Regional Medical Center – 2–2.5 miles, serving residents and visitors. - Close to local government offices and community services supporting business and leisure travel. 4. Recreation & Cultural Events - Gateway to scenic Atchafalaya Basin for fishing, swamp tours, and outdoor experiences. - Hosts events like the Louisiana Shrimp and Petroleum Festival, drawing regional visitors annually. 5. Convenient Connectivity - Minutes from U.S. Highway 90 providing east–west access across southern Louisiana, connecting to Lafayette, Baton Rouge, and New Orleans. - Approximately 70 miles to New Orleans International Airport (MSY), expanding travel access for guests. 6. Retail & Dining Nearby - Walking distance to local restaurants, cafes, and service businesses, enhancing guest convenience. 7. Regional Visitor Appeal - Situated in a cultural hub of Cajun Country, the area is known for seafood, festivals, heritage sites, and water-based recreation — appealing for both leisure and business visitors. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$158 USD /SF

# OF ROOMS

57

PRICE/ROOM

$78,947 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Morgan City Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2007

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

C-2

APN/PARCEL ID

3284341258

ASK ABOUT THIS PROPERTY

Raiyan RabNUMARIXMore Info
404-398-2090

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

Raiyan RabNUMARIXMore Info
404-398-2090

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