105 Lamar St Houma, LA 70360
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.
-
Howard Johnson by Wyndham Houma Hotel & Motel
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.