1800 Martin Luther King Blvd - Hospitality FOR SALE


Houma, LA 70360 | 
$14,000,000 USD
469-877-1850
1800 Martin Luther King Blvd, Houma, LA for Sale
$14,000,000 USD
Hospitality - FOR SALE
1/42
null | Request Cap Rate

1800 Martin Luther King Blvd
Houma, LA 70360


HIGHLIGHTS

  • Recently Renovated in 2024
  • Trailing 12 Months 70% OCC @ $121 ADR
  • Turnkey Operation From Day 1

OVERVIEW

Cap Rate | 8.36% Net Operating Income | $1,273,311

FOR SALE DETAILS

PRICE

$14,000,000 USD

PRICE/SF

$183 USD /SF

# OF ROOMS

97

PRICE/ROOM

$144,330 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Houma

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

119

LAND DETAILS

LAND ACRES

2.52 AC

LAND SF

109,771 SF

ZONING

C2

APN/PARCEL ID

55540

ASK ABOUT THIS PROPERTY

Subhash NaikHotel Brokers of AmericaMore Info
469-877-1850

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Subhash NaikHotel Brokers of AmericaMore Info
469-877-1850

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