125 DIXIE AVE, Houma, LA 70363
Fully renovated Motel 6 with 50 rooms, extensive 2022–2023 capital improvements, and supported demand drivers from nearby employment.
- Added:
- Jun 11, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 9:46 am
Property Features for 125 DIXIE AVE
General Information
- Standard status
- Active
- Size
- 22,730 SF
- Property subtype
- Retail, Hospitality
Building Details
- Year Built
- 2005
Listing agent Josh Oswald License #810564
Listing office Bracket Real Estate, Inc
Listing date Jun 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Bracket Real Estate, Inc
HighLights
- Fully renovated 50‑room Motel 6 in Houma, LA (ground‑up renovation completed 2022–2023)
- Renovation covered major systems in all 50 rooms: roof, electrical, plumbing, HVAC, and all 50 PTACs
- No deferred maintenance reported; no PIP (per provided remarks)
- Trailing cash NOI of $230,220 and current STR performance of 72.6% occupancy with 109 MPI
- Pricing provided as $2,500,000 total ($50,000/key) with $46 ADR listed vs comp set average of $85
Overview
The property is located at 125 Dixie Ave in Houma, Louisiana, in the Port Fourchon energy corridor. Public remarks also cite additional demand support from two major healthcare facilities within 5 minutes.
For an incoming operator, the provided performance and comp context focuses on rate potential and execution. Public remarks report 72.6% occupancy and a 109 MPI in current STR performance, ranked #1 in its competitive set. Trailing cash NOI is stated as $230,220, with ADR of $46 versus a comp set average of $85, positioning active revenue management as a key operational focus. The property is offered for $2,500,000 ($50,000 per key).
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $341.0k | $15.00 |
| − Vacancy | −$51.1k | −$2.25 |
| EGI | $289.8k | $12.75 |
| − OpEx | −$152.1k | −$6.69 |
| NOI | $137.7k | $6.06 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Clairmont Inn & Suites — 125 Dixie Ave, Houma, LA 70363
- Baymont by Wyndham Houma — 1254 Grand Caillou Rd, Houma, LA 70363
- the event center — 200 Moffet Rd, Houma, LA 70363
- Red Roof Inn Houma — 1254 Grand Caillou Rd, Houma, LA 70363
- Saffron Inn & Suites — 1254 Grand Caillou Rd, Houma, LA 70363
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.6906955
- Latitude
- 29.5808473
