Rooms: 94 Exterior Corridor 2 Stories Year Built: 1972 Lot Size: 3.2 acres Solid Block Construction 1 mile from Nicholls State University Within close proximity to all demand generators in Thibodaux, LA Great potential to New Owner Operator Excellent Hotel for Extended Stay Long Term Hotel Conversion Several National Franchise Brands Conversion Available Bank Financing Available 55 miles from New Orleans, LA. Located in Thibodaux, the hotel is within 1 mile from downtown and Nicholls State University. Demand Generators: $40 million Cancer Center $6 million in improvements to NSU Football Stadium $770k NSU new greenhouse $8.1 million Bayou Side Park New Nursing Home underway (Highway 1 and Percy Brown) NSU Wellness Center- 12 tennis courts, football field, sand volleyball court Old Rouses Market will be torn down to build new hospital parking lot Bollinger Education Building refurbishment underway Student retention at NSU is 73%, currently 7,000 students Location Highlights: Downtown Thibodaux - 0.5 miles St. Joseph Co-Cathedral - 0.6 miles Nicholls State University - 0.7 miles Laurel Valley Village - 2.3 miles Thibodaux Regional Medical Center - 2.4 miles Bayou Lafourche - 21.8 miles Jean Lafitte National Historical Park and Preserve - 56.9 miles Thibodaux, Louisiana is seeing significant new developments that will likely bring increased business and visitors to the area. Here's a breakdown of what's coming: Economic and Industrial Development Thibodaux Regional Cancer Institute: A new $70 million regional cancer center is currently under construction and scheduled to open in the near future. This major medical facility will attract a steady flow of patients and their families seeking lodging for appointments and treatments. Bayou Region Incubator: A new local hub for the Louisiana Economic Development's SEBD Roundtables program is launching at the incubator for 2025-26. This initiative is designed to support small businesses and could bring entrepreneurs and business owners to the city for meetings and workshops. Job Growth: Economic forecasts for the Houma-Thibodaux metro area predict a slight rise in employment over the next year. The city's strong connection to the oil and gas industry, particularly through Port Fourchon, ensures a consistent need for temporary lodging for workers and business travelers. Residential and Community Development New Home Construction: There is a noticeable increase in residential development with several new home communities currently under construction. These include projects such as Rienzi Commons, St. John's Place, Acadia Plantation, and Fieldchase, which will attract new residents and grow the local population. Downtown Trail Project: The city is developing a new walking and biking trail to connect Nicholls State University to the downtown area. This infrastructure project is expected to increase foot traffic and local activity, benefiting nearby businesses. Tourism and Events Thibodeauxville Fall Festival: The next annual festival is scheduled for November 8, 2025. This large, one-day event is a major tourist draw with live music, arts and crafts, a food court, and a car show. Louisiana King Cake Festival: This popular festival is an annual event that brings a large crowd to Thibodaux. The next one is already scheduled for January 31, 2026. Nicholls State University: The university continues to be a key driver of local tourism, attracting visitors year-round for sporting events, campus tours, and events at its culinary institute. Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.