This Hospitality Property is no longer advertised on LoopNet.com.
142 Library Dr
Houma, LA 70360
Courtyard Houma · Hospitality Property For Sale
·
134,704 SF

INVESTMENT HIGHLIGHTS
- Fee simple interest in this institutionally owned and third-party managed hotel offered at a substantial discount to replacement cost.
- Individually for sale and part of a larger seven asset Texas and Louisiana portfolio, allowing buyers to acquire multiple strong assets.
- This hotel continues to grossly outperform national occupancy, with the asset running approximately +80% occupancy over the trailing 12 months.
- Ability for qualified buyers to retain the Courtyard flag with a new long-term 15-year license upon completing minor deficiency items.
- The hotel features 4,500 square feet of meeting space and the seller has completed $1.6 million in renovations in recent years.
- Accessible to all core Houma-area demand generators, including Gulf Island Fabrication, Terrebonne General Medical Center, the airport, and more.
PROPERTY FACTS
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 3.65 AC |
Building Size | 134,704 SF |
No. Stories | 4 |
Year Built | 2010 |
Corridor | Interior |
Zoning | C3 |
AMENITIES
- Balcony
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
LINKS
PROPERTY TAXES
Parcel Number | 60647 | Improvements Assessment | $780,040 |
Land Assessment | $78,790 | Total Assessment | $858,830 |
Listing ID: 22260760
Date on Market: 2/17/2021
Last Updated:
Address: 142 Library Dr, Houma, LA 70360
The Hospitality Property at 142 Library Dr, Houma, LA 70360 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.