1800 Martin Luther King Blvd | Houma, LA 70360
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- LoopNet Team
1800 Martin Luther King Blvd
Houma, LA 70360
Holiday Inn Houma · Hospitality Property For Sale
·
76,564 SF
INVESTMENT HIGHLIGHTS
- Newly Renovated w/ IHG PIP Satisfied: The property experienced a complete interior/exterior renovation with a total CAP-X investment of $4.5 million
- High Levels of Business Travel: Demand for the property is partly fueled by Terrebonne General Health System, an acclaimed healthcare institution
- Strong Brand Identity: IHG Hotels & Resorts ranks among the world’s leading hotel companies, with nearly one million rooms globally
- Limited Incoming Competition: The Louisiana South market has 390 rooms currently under development, indicating a modest 2.3% increase in inventory.
- Dense Retail Corridor: The property is surrounded by a variety of local restaurants and busy retail spots, including Walmart, Lowe's, Sam's Club
- Prime Location with Easy Access to Major Cities: Strategically located near both New Orleans and Lafayette.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 2006/2024 |
| Building Class | B | Parking Ratio | 1.55/1,000 SF |
| Lot Size | 2.52 AC | Corridor | Interior |
| Building Size | 76,564 SF | ||
| Zoning | C2 - General Commercial District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.52 AC |
| Building Size | 76,564 SF |
| No. Stories | 4 |
| Year Built/Renovated | 2006/2024 |
| Parking Ratio | 1.55/1,000 SF |
| Corridor | Interior |
| Zoning | C2 - General Commercial District |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 55540 | Improvements Assessment | $641,130 |
| Land Assessment | $132,300 | Total Assessment | $773,430 |
PROPERTY TAXES
Parcel Number
55540
Land Assessment
$132,300
Improvements Assessment
$641,130
Total Assessment
$773,430
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