For Sale
$5,499,900

105 Lamar StHouma, LA 70360

57-Room Hotel, Prime Location, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: The Howard Johnson by Wyndham Houma hotel, located at 105 Lamar St, Houma, LA 70360, is now available for purchase. This 57-room hotel, built in 2008, offers 57,934 square feet of space in a two-story building. The property boasts a Class B building classification and C-2 zoning. Priced at $5,499,900, this represents a compelling $96,489 per key and $94.93 per square foot. The hotel's strategic location in Terrebonne Parish benefits from a positive demographic outlook, including a growing population and strong household incomes within a five-mile radius. This turnkey operation presents a lucrative opportunity for investors seeking a high-return hospitality asset in a thriving market. The property's modern design and established brand recognition make it an attractive option for both seasoned investors and newcomers to the hospitality sector. Detailed financial information and operational data are available upon request. This is a rare chance to acquire a well-established hotel in a desirable location. Don't miss this chance to secure a profitable investment.

Property Details for 105 Lamar St

Property type
Hospitality properties, Hotels

Location Insight

City
Houma
County
Terrebonne Parish
State
Louisiana
Latitude
29.5736915
Longitude
-90.7270822
105 Lamar St, Houma, Louisiana

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105 Lamar St
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