Hampton Inn - Covington - LA
Profitable Forever Young PIP Complete Hampton Inn in New Orleans, LA
Marketing description
Hotel Brokers of America X NUMARIX is pleased to present the newly renovated (in 2026) Hampton Inn by Hilton Covington, a 72-key, select-service hotel strategically positioned along the highly traveled U.S. Highway 190 and Interstate 12 corridor in Louisiana's thriving Northshore market. Located less than an hour from downtown New Orleans, the property sits at the center of one of the state's fastest-growing and most affluent regions, benefiting from a powerful mix of corporate, healthcare, government, contractor, and leisure demand.
Flagged under the Hampton - one of the most recognized and consistently top-performing brands in the hospitality industry—the hotel is backed by Hilton's world-class reservation platform and the 200+ million member Hilton Honors loyalty program. The hotel offers investors strong in-place cash flow, meaningful upside potential, and exposure to the long-term growth of the New Orleans Northshore market, Hampton Inn Covington represents a compelling acquisition opportunity.
Investment highlights
Key Features
- Premier Hilton Flag | Forever Young PIP Completed (2026)
- New Buyer will receive a 10YR Hilton Brand License upon asset purchase
- Dual-Corridor Location in the Affluent, High-Growth Northshore Market - Direct access to U.S. 190 and Interstate 12
- Healthy In-Place Cash Flow - Stabilized T-12 NOI of $622,835 after management fees and reserves, with an 8.65% cap rate after PIP
- Strong Rate Profile - In-place ADR of $119.66 and RevPAR of $66.11 reflect genuine pricing power supported by a high-income leisure and corporate demand mix.
- Diversified, Year-Round Demand
- SBA-Eligible Financing - The asset qualifies for (15% to 20% Down Payment) SBA 7(a) / or SBA 504 or 30% Down Conventional financing, enhancing levered returns for qualified buyers.
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