400 Spanish Town Blvd - Hospitality FOR SALE


New Iberia, LA 70560
$7,400,000 USD
615-234-5749
400 Spanish Town Blvd, New Iberia, LA for Sale
$7,400,000 USD
Hospitality - FOR SALE
1/3
null | 8.36% Cap Rate

400 Spanish Town Blvd
New Iberia, LA 70560


HIGHLIGHTS

  • Lowest Price-Per-Key recently renovated Forever Young Hampton Inn & Suites on the market
  • 102-key Hampton Inn & Suites with NOI of $618,802 and an 8.36% cap rate, offering strong cash flow and operational efficiency.
  • Prime location along U.S. Highway 90 with excellent interstate visibility and adjacent to a new Love’s Travel Stop opened in 2025.
  • Limited competitive supply in the Louisiana South submarket with only 1 hotel proposed and 1 under construction.
  • Institutional-quality Hilton branding supports premium ADR, consistent occupancy, and durable demand from business and leisure travelers.
  • Ideal for owner-operators or regional investors seeking a value-add opportunity in a stable Louisiana market.

OVERVIEW

Matthews Real Estate is pleased to present the opportunity to acquire the Hampton Inn & Suites New Iberia, a 102-key, Hilton asset strategically located along U.S. Highway 90 in New Iberia, Louisiana. The property benefits from strong interstate visibility and immediate access to regional business corridors, positioning it as a leading lodging option within the Louisiana South submarket. Recently renovated in 2024 through Hilton’s Forever Young program. The property is adjacent to a newly constructed Love’s Travel Stop (opened March 2025), driving consistent transient demand, and is located 19 miles from Lafayette Regional Airport and 6.5 miles from Acadiana Regional Airport. Additional leisure demand is supported by proximity to Avery Island and the Tabasco Factory, a major regional tourism draw. The asset is currently owned by an absentee investor based in San Diego, California, who visits the property once or twice a year. This presents a compelling operational upside opportunity for an engaged owner-operator to further optimize revenue performance and expense controls. The offering represents an attractive opportunity to acquire a recently renovated Hilton asset at a competitive basis in a stable, supply-constrained Louisiana market.

FOR SALE DETAILS

PRICE

$7,400,000 USD

PRICE/SF

$116 USD /SF

# OF ROOMS

102

PRICE/ROOM

$72,549 {currency}

CAP RATE

8.36%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton by Hilton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

C2

APN/PARCEL ID

0504691134D

ASK ABOUT THIS PROPERTY

Youssef AlkalabaniMatthews Real Estate Investment ServicesMore Info
615-234-5749

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Youssef AlkalabaniMatthews Real Estate Investment ServicesMore Info
615-234-5749

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