125 DIXIE AVE HOUMA LA 70363
72% Occupancy, #1 in Market | ADR Upside Remaining | Fully Renovated Economy Flag | Houma, LA
Marketing description
Financials and Due Diligence here: Motel 6 Houma, LA | bracketRE
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: Motel 6 Houma, LA | bracketRE
Investment highlights
✔ Market-Leading Occupancy — Ranked #1 of 5 in competitive set at 72.6% occupancy with a 109 MPI, outperforming peers by over 6 percentage points on a sustained basis
✔ Fully Renovated — Zero Buyer Capex — Comprehensive ground-up renovation completed 2022–2023 covering all 50 rooms, roof, electrical, plumbing, HVAC, FF&E, and PTACs. No PIP, no deferred maintenance, nothing left to fix
✔ ADR Upside Intact — Currently operating at $46 ADR vs. $85 comp set average. The physical product has been rebuilt — the rate gap is a management opportunity, not a market problem
✔ Energy Market Demand Base — Located in the Port Fourchon energy corridor supporting 62,000+ Gulf of Mexico oil and gas jobs. Workforce lodging demand is consistent, non-seasonal, and largely recession-resistant
✔ $230,220 Cash NOI — Trailing 12-month cash NOI after removing non-cash depreciation and owner-specific debt service. First full operating year post-renovation with occupancy already ramping
✔ 1 Gbps Fiber + New PTACs in All 50 Rooms — Infrastructure upgrades that directly support rate improvement and guest satisfaction scores going forward
Financials and Due Diligence here: Motel 6 Houma, LA | bracketRE
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