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Hotel-Motel

Quality Inn & Suites

2120 Industrial Blvd, Houma, LA 70363

Listing Price: $5,500,000

Cap Rate
18.27%
Number of Rooms
73
RevPAR
$91
Gross SF
1
Price/Room
$75,342
Price/Gross SF
$5,500,000.00
Year Built
2007

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 73-room Quality Inn & Suites Houma located in Houma, Louisiana, a city 57 miles southwest of New Orleans. The Quality Inn & Suites Houma is a 2007-build, 3-story property located near U.S. Highway 90, providing ease of access for commerce and tourism. The Quality Inn & Suites Houma provides the opportunity for a new owner to acquire a 73 room hotel.

Investment Highlights

  • Located Across the Street from the Houma-Terrebonne Airport
  • Property Has Outperformed the Tract Scale in All STR Metrics During 2022
  • Third Floor has been completely renovated.

Exclusively Listed By

  • David J. Altman

    First Vice President Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051, AL: 000144449 - 0

    Fort Lauderdale

Hotel-Motel

Quality Inn & Suites

Listing Price: $5,500,000

Cap Rate
18.27%
Number of Rooms
73
RevPAR
$91
Gross SF
1
Price/Room
$75,342
Price/Gross SF
$5,500,000.00
Year Built
2007

Investment Highlights

  • Located Across the Street from the Houma-Terrebonne Airport
  • Property Has Outperformed the Tract Scale in All STR Metrics During 2022
  • Third Floor has been completely renovated.

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 73-room Quality Inn & Suites Houma located in Houma, Louisiana, a city 57 miles southwest of New Orleans. The Quality Inn & Suites Houma is a 2007-build, 3-story property located near U.S. Highway 90, providing ease of access for commerce and tourism. The Quality Inn & Suites Houma provides the opportunity for a new owner to acquire a 73 room hotel.

Exclusively Listed By

  • David J. Altman

    First Vice President Investments

    (954) 245-3426

    Email David

    License(s): FL: SL3256051, AL: 000144449 - 0

    Fort Lauderdale

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