TOUR DATES ANNOUNCED!
Tours: Tuesday 5/13 and Wednesday 5/14 – contact Mumford Company to schedule a visit.
Price: $4,600,000
Address: 1016 North Martin Luther King Highway
City: Lake Charles
State: LA
ZIP: 70601
Rooms #: 70
Address: 1016 North Martin Luther King Highway
City: Lake Charles
State: LA
ZIP: 70601
Rooms #: 70
Additional Features:
DEAL FEATURES
- Excellent Interstate 10 location
- Located midway between Houston and New Orleans
- The property is located near the Woodside Louisiana LNG terminal; this is a multibillion dollar development for the export of LNG. The project is expected to be under development until 2029.
- Consistent performing market driven by three major oil refineries operated by Citgo, Conoco Phillips and Calcasieu
- Home to the Lake Charles Refinery, the 7th largest oil refinery in the world by production
- Typical mid-scale branded prototype with all rooms being suites
- Offered at discount to replacement cost
BUILDING OVERVIEW
- 70 Rooms
- Built in 2009
- Three Stories
- Interior Corridor Design
- All-Suites Guestroom Design
- EIFS Façade
- Asphalt Shingle Pitched Roof
- Asphalt Parking Lot
PROPERTY HIGHLIGHTS
- Wireless Internet
- Marketplace Shop
- Meeting Space(Boardroom-705 Sq. Ft.)
- Guest Laundry
- Fitness Center
- Elevator
- Outdoor Swimming Pool (Non-Operating)
Financials
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below.
This is a confidential offering intended for the recipient’s use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!
