1728 Martin Luther King Blvd - Hospitality FOR SALE
Houma, LA 70360 |
1728 Martin Luther King Blvd
Houma, LA 70360
HIGHLIGHTS
- Unencumbered by management, the hotel presents a new owner with an opportunity to streamline operations and increase flow.
- Currently no new hotels are under construction or in planning within Houma, presenting the opportunity to build upon current market penetration.
- Tremendous upside exists for an owner who implements a customized business plan for the asset to further penetrate the market and decrease expenses.
- 100%-occupied March-June because of a BP Oil contract and has continued to outperform 2019 because of hurricane relief efforts.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Hampton Inn - Houma
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
39543
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1998
PARKING SPACES
70
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C
APN/PARCEL ID
14611
