125 Dixie Ave - Hospitality FOR SALE


Houma, LA 70363
$2,500,000 USD
419-357-9607
125 Dixie Ave, Houma, LA for Sale
$2,500,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

125 Dixie Ave
Houma, LA 70363


OVERVIEW

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

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$110 USD /SF

# OF ROOMS

50

PRICE/ROOM

$50,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel 6 Houma, LA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2005

PARKING SPACES

59

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

4599

APN/PARCEL ID

23668

ASK ABOUT THIS PROPERTY

Josh OswaldBracket Real Estate, Inc.More Info
419-357-9607

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Josh OswaldBracket Real Estate, Inc.More Info
419-357-9607

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.