2033 Us-90 Berwick, LA 70342
- Hospitality properties
- 4.00 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 2033 Us-90
- Year built
- 2009
- Lot size
- 4.00 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This fully renovated 78-key hotel, built in 2009, sits on a 4-acre lot in Berwick, Louisiana, offering excellent highway access via US-90. The three-story, interior-corridor property boasts extended-stay suites with kitchenettes, completed in October 2022, and adheres to Suburban Studios Choice Hotel franchise standards. Its strategic location near Morgan City provides proximity to major industrial employers like Oceaneering International, Swiftships, and Conrad Industries, ensuring consistent occupancy. The hotel benefits from its proximity to the Atchafalaya River and numerous attractions, including Lake End Park, Brownell Memorial Park, and the Amelia Belle Casino. Convenient access to healthcare facilities like Teche Regional Medical Center further enhances its appeal. The property's location also offers easy access to New Orleans, Baton Rouge, and Lafayette, within a one-hour drive. Nearby restaurants and cultural attractions in Morgan City add to the hotel's appeal. Bank financing is available. This represents a compelling investment opportunity in a thriving Louisiana market. The asking price is $4,300,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berwick
- County
- St. Mary Parish
- State
- Louisiana
- Longitude
- -91.2539
- Latitude
- 29.6861
