La Quinta Inn & Suites - Iowa
Listing was updated at: 04/24/2019
Property Overview
Price/Rent PSF $ 3,200,000.00
Asset Type Hospitality
Trade Type Sale
SQ. FT. Available 1
Date Available 04/18/2019
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Description

Location
Lake Charles is the fifth - largest incorporated city in the state of Louisiana, located on Lake Charles, Prien Lake, and the Calcasieu River. Founded in 1861 in Calcasieu Parish, it is a major industrial, cultural, and educational center in the southwest region of the state.

As of the 2010 census, the population was 71,993. Lake Charles is considered a regionally significant center of petrochemical refining, gaming, tourism, and education - being home to McNeese State University and Sowela Technical Community College. Because of the lakes and waterways throughout the city, metropolitan Lake Charles is often referred to as the Lake Area.
Southwest Louisiana leads the nation with over $100 Billion in industrial projects recently completed, underway, or announced. A total of $44 Billion worth of projects are currently in development - spurring significant economic growth.

Lousiana Broker of Record: JDS Real Estates Services Inc. Lic No. 0995689716

Sale
Located just off of the I-10 and Highway 165 junction, the La Quinta Inn & Suites in Iowa is the neighboring town to Lake Charles -home to major casinos, events, shopping, and eateries. The hotel is an ideal investment for buyers looking for a hotel that can operate more effectively while targeting transient and employees who are working on the $44 Billion worth of expansion projects going on around the Lake Charles MSA.

Lousiana Broker of Record: JDS Real Estates Services Inc. Lic No. 0995689716

Location