610 Martin Luther King Jr Cir Dr, Morgan City, LA 70380 For Sale

The Best Western Morgan City Inn is a 57-key, interior-corridor select-service hotel strategically positioned in the heart of Louisiana's Cajun Coast — the heartbeat of America's offshore energy industry and the Gulf's most active shipbuilding corridor. The property operates under the globally recognized Best Western flag, anchored by the Best Western Rewards loyalty program with more than 50 million members worldwide and a powerful global reservation network.

This is a turnkey, cash-flowing acquisition with no PIP required — the asset is recently renovated and currently generating $1,263,379 in total revenue at a 38.43% NOI margin. With trailing occupancy of 57.13% and an ADR of $104.80, the property is delivering one of the most attractive yield profiles available in today's hospitality market — an 11.56% cap rate on a price-per-key well below replacement cost.

This opportunity is purpose-built for an owner-operator or regional hospitality group seeking immediate stabilized cash flow, exceptional debt coverage, and meaningful upside through aggressive revenue management within the Gulf Coast's most diversified energy and tourism corridor.