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33549991
33549989

68700 U.s. 190 Service Road, Covington, LA 70433

BB
LA BROK.995684990-ACT, OH BRK.200900214 (+21)
Bang Realty
SN
CA CA 01717362
Hotel Brokers Of America
CP
CA CA 01905002
Hotel Brokers Of America
Listed by Bang Realty, Hotel Brokers Of America
$7,000,000
0 days on market
Updated 0 days ago

Hampton Inn - Covington - LA

Details
APN 1071331302
Property Type Hospitality
Sub Type Hotel
Square Footage 1,140
Units 1
Cap Rate 8.65%
NOI $622,835
Occupancy 55.24%
Year Built 2001
Year Renovated 2026
Stories 3
Lot Size (SqFt) 70,946
Parking Spaces 77 spaces
Parking Per SqFt 67.54
Investment Type Owner/User
Sale Condition For sale by owner

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.

Listing Contacts

BB
LA BROK.995684990-ACT, OH BRK.200900214 (+21)
Bang Realty
SN
CA CA 01717362
Hotel Brokers Of America
CP
CA CA 01905002
Hotel Brokers Of America
Listed by Bang Realty, Hotel Brokers Of America

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$622,835.00
$51,902.92/mo

Valuation Metrics

0
DSCR
8.9%
Cap Rate
8.9%
ROI

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Additional Information

Name
Brian Brockman
License
BROK.995684990-ACT
Brokerage
Bang Realty
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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