Opportunity to acquire a fully renovated, 50-room Motel 6 in Houma, Louisiana — ranked #1 in occupancy among its competitive set with significant ADR upside remaining.
Ownership completed a ground-up renovation in 2022–2023 covering every major system — all 50 rooms, roof, electrical, plumbing, HVAC, all 50 PTACs, FF&E, and finishes. No deferred maintenance. No PIP. Nothing left to fix.
Located in the Port Fourchon energy corridor, the property benefits from consistent, rotation-based workforce demand from Gulf of Mexico oil and gas operations — a non-seasonal demand base that holds occupancy through cycles that challenge leisure markets. Two major healthcare facilities within 5 minutes add a second demand layer.
Current STR performance shows 72.6% occupancy with a 109 MPI — #1 of 5 in the comp set. The property generates $230,220 in trailing cash NOI. ADR of $46 against a comp set average of $85 represents the primary upside opportunity for an incoming operator with active revenue management.
Offered at $2,500,000 | $50,000/key | Fully renovated | No capex required
Financials and Due Diligence here: https://bracketre.com/listing/ddb7f633-064f-40a8-8f19-b66ecb103ba8#section=description