105 Lamar St Houma, LA 70360
- Hotels
Current Use by Public Records
- Howard Johnson by Wyndham Houma / Hotel / Inn
Property Details for 105 Lamar St
- Property type
- Hotels
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houma
- County
- Terrebonne Parish
- State
- Louisiana
- Longitude
- -90.7270822
- Latitude
- 29.5736915
