Crescent View Lodging

Hospitality for Sale
Catylist Listing ID: 30278136
Property Subtypes: Extended Stay, Hotel
Number of Units: 21 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 1 Acre
Sale Price: $1,150,000
Unit Price: $54,761.90 Per Unit
Property Use Type: Business
Name of Establishment: Crescent View Lodging
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2018

Overview / Comments

21 Room extended stay hotel located in Sulphur, Louisiana. Within 30 minutes of most refineries including Sasol, PPG, Conoco, Axial, LNG. Unique property completely remodeled and in excellent condition. Crescent View caters to construction crews for Sulphur, Hackberry, Westlake and Lake Charles, offering a home like setting, BBQ pavilion and 24 hour camera surveillance for security of work trucks and equipment. Minimal staffing required at this property, easy to maintain. Architectural Plan available for additional 21 rooms

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Retail Clientele: Business, Other
Property Located Between: I-10/Exit 26/US 90
Highway Access: I-10/Exit 26/US 90
Property Condition: Good
Year Renovated: 2015
Construction/Siding: Brick
Average Occupancy Rate: 100
Parking Type: Surface
Parking Description: On site front door parking
Laundry: Shared
Heat Source: Other
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lots 5,6,7,8 BLK V OTS Sulphur

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,269 21,461 34,649
Median Age: 35.23 36.43 36.26
Households: 2,186 8,388 13,156

Contact

Photograph of Listing Agent

Tiffany Chiasson

Frontline Real Estate Group Lafayette, LA 70506
LACDB Member
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