1254 Grand Caillou Rd - Hospitality FOR SALE


Houma, LA 70363
$2,300,000 USD
419-357-9607
1254 Grand Caillou Rd, Houma, LA for Sale
$2,300,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

1254 Grand Caillou Rd
Houma, LA 70363


HIGHLIGHTS

  • Branded hotel location serving Houma and surrounding markets.
  • High-visibility frontage with direct roadway access.

OVERVIEW

Zero deferred maintenance, no capex at closing. Newly converted to Red Roof Inn in February 2026. Four months of branded operating history means the flag's revenue impact hasn't normalized into the financials yet — buyer acquires before the upside is priced in. Houma's Port Fourchon energy corridor and two major healthcare systems within minutes provide non-seasonal, structural lodging demand. Available individually or alongside the Motel 6 at 125 Dixie Ave — same owner, same market. Turnkey, stabilized asset. The 2025/2026 fully completed PIP eliminates the near-term capital requirements that burden many economy hotel acquisitions. A buyer steps into a clean, code-compliant, brand-compliant physical plant. Transfer PIP ~ $18,000 $37,096 per key, about half of replacement. A new 62-key economy build runs $90,000 to $130,000 per key ($5.6M to $8.0M). Energy sector demand driver. Houma anchors the Tri-Parish oilfield services corridor. Upstream and midstream contractor activity generates extended-stay, repeat business demand that is non-seasonal and largely rate-inelastic. Medical demand proximity. Leonard J. Chabert Medical Center is within walking distance. Terrebonne General Health System is a five-minute drive. Healthcare-related transient demand provides a stable, recession-resistant occupancy floor. Nationally recognized flag. Red Roof's reservation system, loyalty program, and brand recognition reduce customer acquisition costs and provide rate support versus independent operators in the same submarket. Strategic location on US-90. The property's position on the primary commercial corridor connecting Houma to New Orleans captures both destination and pass-through demand from a broad regional catchment. Efficient economy flag operations. Red Roof's lean operating model — no restaurant, limited F&B, minimal amenity overhead — translates to strong GOP margins relative to full-service and select-service competitors. Pet-friendly positioning. Red Roof's brand-wide pet policy is a documented occupancy driver that captures incremental demand from a traveler segment with limited economy hotel options in this market.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$66 USD /SF

# OF ROOMS

62

PRICE/ROOM

$37,097 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn & Suites Houma, LA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2008

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

UCI

APN/PARCEL ID

23094

ASK ABOUT THIS PROPERTY

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

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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.