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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
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
Data Room Click Here to Access
Property Facts
| Price | $2,500,000 | Building Size | 22,730 SF |
| Price Per Room | $50,000 | No. Rooms | 50 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 2005/2013 |
| Property Subtype | Hotel | Parking Ratio | 2.6/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.00 AC | ||
| Zoning | 4599 | ||
| 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 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 23668 | Improvements Assessment | $212,240 |
| Land Assessment | $20,150 | Total Assessment | $232,390 |
Property Taxes
Parcel Number
23668
Land Assessment
$20,150
Improvements Assessment
$212,240
Total Assessment
$232,390
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Motel 6 Houma, LA | 125 Dixie Ave
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