1728 Martin Luther King Blvd, Houma, LA 70360
84 Hotel Rooms | Online Auction Sale | Houma, LA 70360
For Sale
Active
- Property Type
-
Hospitality
- Square Feet
- 39,543 SF
Listing Contacts
Matthew Omansky
Steve Greer
Sophy Cardenas
Property Overview
Marcus & Millichap is pleased to exclusively present the Hampton Inn Houma at 1728 Martin Luther King Boulevard, an 84-key Hampton Inn by Hilton situated in Houma, the largest city in and the parish seat of Terrebonne Parish in Louisiana. 1728 Martin Luther King Boulevard was constructed in 1980 on a spacious 2.41-acre lot zoned C commercial. The Hampton Inn Houma welcomes guests with an array of amenities, including connecting rooms, free breakfast, free parking, free Wi-Fi, a well-equipped fitness center, a functional business center and meeting rooms, an on-site restaurant, and much more.
The Hampton Inn Houma is situated along Martin Luther King Boulevard, the primary thoroughfare and main retail corridor for Houma. Neighboring tenants include recognizable names like Lowe's, Walmart Supercenter, Marshalls, The Home Depot, Target, Chick-fil-A, Texas Roadhouse, Starbucks, and countless more. Also nearby are demand drivers like the Southland Mall, the Terrebonne General Health System, Annie Miller's Son's Swamp & Marsh Tours, the Bayou Terrebonne Waterlife Museum, events at Houma-Terrebonne Civic Center, and the Port of Terrebonne. Houma's economy has historically been focused on the oil and gas industries due to its proximity to the Gulf of Mexico and nearby access to the Port of Terrebonne. The property is located 10 minutes from Downtown Houma, just over an hour from New Orleans, and just under two hours from Lafayette.
The Hampton Inn Houma is situated along Martin Luther King Boulevard, the primary thoroughfare and main retail corridor for Houma. Neighboring tenants include recognizable names like Lowe's, Walmart Supercenter, Marshalls, The Home Depot, Target, Chick-fil-A, Texas Roadhouse, Starbucks, and countless more. Also nearby are demand drivers like the Southland Mall, the Terrebonne General Health System, Annie Miller's Son's Swamp & Marsh Tours, the Bayou Terrebonne Waterlife Museum, events at Houma-Terrebonne Civic Center, and the Port of Terrebonne. Houma's economy has historically been focused on the oil and gas industries due to its proximity to the Gulf of Mexico and nearby access to the Port of Terrebonne. The property is located 10 minutes from Downtown Houma, just over an hour from New Orleans, and just under two hours from Lafayette.
Property Details
- Class
- B
- Year Built/Renovated
- 1998/2023
- Stories
- 3
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 104,980 SF
- Units
- 84
Highlights
- 84-Key Hampton Inn Houma with $500,000+ NOI and strong operational upside.
- Asset is primely positioned in a heavily trafficked retail corridor and primary thoroughfare that sees over 20,000 vehicles passing by daily.
- Located near activities like Bayou Terrebonne Waterlife Museum, events at Houma-Terrebonne Civic Center, swamp tours, and more.
- Solid demographics with a 2-mile population of 24,300 with an average household income over $82,000 and total consumer spending above $273.2 million.
- Hotel amenities include connecting rooms, free breakfast, free parking, free Wi-Fi, a well-equipped fitness center, a business center, and more.
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