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Property profile & analytics
FOR SALE
Motels

125 Dixie Ave Houma, LA 70363

22,730 SF Built 2005
Entity Owned 3-yr Hold
Property ID
US36-0930828
Property summary
AI-generated overview

Financials and Due Diligence here: Motel 6 Houma, LA | bracketRE Opportunity to acquire a fully renovated, 50-room Motel 6 in Houma, Louisiana — ranked #1 in occupancy among its competitive set with significant ADR upside remaining. Ownership completed a ground-up renovation in 2022–2023 covering every major system — all 50 rooms, roof, electrical, plumbing, HVAC, all 50 PTACs, FF&E, and finishes. No deferred maintenance. No PIP. Nothing left to fix. Located in the Port Fourchon energy corridor, the property benefits from consistent, rotation-based workforce demand from Gulf of Mexico oil and gas operations — a non-seasonal demand base that holds occupancy through cycles that challenge leisure markets. Two major healthcare facilities within 5 minutes add a second demand layer. Current STR performance shows 72.6% occupancy with a 109 MPI — #1 of 5 in the comp set. The property generates $230,220 in trailing cash NOI. ADR of $46 against a comp set average of $85 represents the primary upside opportunity for an incoming operator with active revenue management. Offered at $2,500,000 | $50,000/key | Fully renovated | No capex required Financials and Due Diligence here: Motel 6 Houma, LA | bracketRE

Property profile
Verified
Property type Motels
Year built 2005
Total area 22,730 SF
UPID US36-0930828
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
  • Clairmont Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Keshav Krupa LLC · 3 yrs held
Keshav Krupa LLC
since 2023
1 recorded transaction
2023
$700,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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