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Best Western Morgan City Inn 610 Martin Luther King Jr Blvd 57 Room Hotel Morgan City, LA 70380 $5,795,580 CAD ($101,677 CAD/Room) 11.56% Cap Rate
Investment Highlights
- Extremely attractive Cap Rate at 11%+
- Centrally located within Morgan City’s Cajun Coast region
- USDA Financing Eligible
- Perfect owner operator opportunity with aggresive cash flow day one - 26%+ Net Cash on Cash Return
- Proximity to major employers, medical facilities, higher education, and government operations
Executive Summary
**ACTUAL NOI IS SLIGHTLY HIGHER at $485,501***
Rooms: 57
2 Stories
Rooms: 57
2 Stories
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,795,580 CAD | Lot Size | 1.32 AC |
| Price Per Room | $101,677 CAD | Building Size | 28,500 SF |
| Sale Type | Investment | No. Rooms | 57 |
| Cap Rate | 11.56% | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 2007/2022 |
| Property Subtype | Hotel | Parking Ratio | 2.39/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | C-2 - General Commercial Zone | ||
| Price | $5,795,580 CAD |
| Price Per Room | $101,677 CAD |
| Sale Type | Investment |
| Cap Rate | 11.56% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.32 AC |
| Building Size | 28,500 SF |
| No. Rooms | 57 |
| No. Stories | 2 |
| Year Built/Renovated | 2007/2022 |
| Parking Ratio | 2.39/1,000 SF |
| Corridor | Interior |
| Zoning | C-2 - General Commercial Zone |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 13 | $178.01 CAD | - |
| Guest Room | 44 | $160.07 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 3284341258 | Improvements Assessment | $133,160 CAD |
| Land Assessment | $26,218 CAD | Total Assessment | $159,378 CAD |
Property Taxes
Parcel Number
3284341258
Land Assessment
$26,218 CAD
Improvements Assessment
$133,160 CAD
Total Assessment
$159,378 CAD
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Best Western Morgan City Inn | 610 Martin Luther King Jr Blvd
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