EXECUTIVE SUMMARY Berkadia Hotels & Hospitality ("Berkadia") has been exclusively retained in connection with the solicitation of offers to acquire the fee simple interest in the lender owned 108-room SpringHill Suites Lake Charles (the ‘Hotel’ or ‘Asset’) located along West Prien Lake Rd, directly off Interstate 210 (50,000 AADT) one the city's major thoroughfares. The premium branded Asset is offered unencumbered of management and offers a new owner the unique opportunity to acquire a recently renovated limitedservice Hotel within a burgeoning market. Lake Charles, Louisiana in the southwest region of the state is a thriving destination that caters to many different tastes offering a wide range of activities and accommodating to both the leisure and business sectors. From the casinos and award-winning resort golf courses to a myriad of outdoor activities, fishing, and hunting adventures and over 75 annual festivals Lake Charles has positioned itself as one of the top drive-to-leisure destinations on the gulf coast region.
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