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Property profile & analytics
OFF-MARKET
Hotels

105 Lamar St Houma, LA 70360

Entity Owned 1-yr Hold
Property ID
US36-0827509
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hotels
UPID US36-0827509
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Howard Johnson by Wyndham Houma Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Agha Holdingd LLC · 1 yrs held
Agha Holdingd LLC
since 2024
4 recorded transactions
2024
Price N/A
2024
$11,752
2023
Price N/A
2023
$2.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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