1035 Martin Luther King Junior Drive, Monroe, LA 71203

Great Opportunity to have this Motel in your Portfolio! 128 rooms with 1 apartment. Well maintained, franchised hotel. Renovated in 2024-2025. Revenue continues to grow year-by-year - the property has over $1M renovation done. Such as 40 rooms with new bathtubs and paint including all new plumbing fixtures' and shut off valves and two brand new hot water tanks. - the other remaining room were touched up with any small repair that was needed. Roof is tiled and was recently sealed again and repainted. New locks, outside painted, all new exterior lights, new TV's and 32 new camera system etc. $400k will be given for key money to convert to higher brand. Motel 6 can be taken off if purchased or they can keep flag and renew December 2028. Rooms size 340sqft (easily to be converted to muti-family) Ideally located off I-20. The Fulfillment Center Meta's Subsidiary Plans an $800M Data Center in Davenport, backed by a $161M tax exemption, with construction et for 2025-2027 within minutes of Davenport Municipal Airport and the Iowa-Short drive to major employers such as John Deere (World HQ), Rock Island Arsenal, Arconic, Tyson, Kraft Heinz, Nestle Purina. Fulfillment Center nearby attractions include Vander Veer Botanic Park, Putnam Museum & Science Center, Modern Woodmen Park, Vibrant Arena at the MARK, Mississippi Valley Fair, John Deere Pavilion and more located in the Quad Cities Metro. 37 million people in a 300-mile radius.

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