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Executive Summary

Opportunity to acquire a fully renovated, 50-room Motel 6 in Houma, Louisiana — ranked #1 in occupancy among its competitive set with significant ADR upside remaining.
Ownership completed a ground-up renovation in 2022–2023 covering every major system — all 50 rooms, roof, electrical, plumbing, HVAC, all 50 PTACs, FF&E, and finishes. No deferred maintenance. No PIP. Nothing left to fix.
Located in the Port Fourchon energy corridor, the property benefits from consistent, rotation-based workforce demand from Gulf of Mexico oil and gas operations — a non-seasonal demand base that holds occupancy through cycles that challenge leisure markets. Two major healthcare facilities within 5 minutes add a second demand layer.
Current STR performance shows 72.6% occupancy with a 109 MPI — #1 of 5 in the comp set. The property generates $230,220 in trailing cash NOI. ADR of $46 against a comp set average of $85 represents the primary upside opportunity for an incoming operator with active revenue management.
Offered at $2,500,000 | $50,000/key | Fully renovated | No capex required
Financials and Due Diligence here: https://bracketre.com/listing/ddb7f633-064f-40a8-8f19-b66ecb103ba8#section=description

Attachments

Motel6_Houma_OM

Data Room Click Here to Access

Property Facts

Price $2,500,000
Price Per Room $50,000
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.00 AC
Building Size 22,730 SF
No. Rooms 50
No. Stories 2
Year Built/Renovated 2005/2013
Parking Ratio 2.6/1,000 SF
Corridor Interior
Zoning 4599

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 50 $80.00 -
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
23668
Land Assessment
$20,150
Improvements Assessment
$212,240
Total Assessment
$232,390
  • Listing ID: 40885051

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 125 Dixie Ave, Houma, LA 70363

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