Carmel Inn & Suites Thibodaux
Carmel Inn & Suites Thibodaux
HREC Investment Advisors (“HREC IA”), is pleased to offer for sale the fee-simple interest in the Carmel Inn & Suites (herein referred to as “Hotel” or “Property”) located in Thibodaux, Louisiana. The Property features 94 guestrooms (with the capacity to add 3 additional rooms) as well an owner's apartment (separate building) and on-site restaurant.
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Employment
- HREC Investment Advisors - Atlanta, Georiga - May 2020 to present - Vice President
- Bull Realty - Atlanta, Georgia - 2017 to 2020 - Vice President, Hospitality Group
- Wakefield Talabisco International - New York, New York - 2002 to 2017 - Office Manager/Chief of Staff
- PROMED Personnel Services - New York, New York - 2006 to 2007 - Senior Account Manager Managed/Maintained existing client relationships Established new client relationships through cold calling and networking meetings Recruited qualified candidates for clients
Education
Cornell University: Certificate, Hotel Real Estate Investments and Asset Management
The University of Alabama, 1997 - 2001: Bachelor's Degree, Healthcare Management
- Property Type
- Hotel & Hospitality
- Deal Type
- Acquisition
- Risk Profile
- Value-Add
The Carmel Inn and Suites in Thibodaux, Louisiana, represents a strong investment opportunity due to its investor flexibility, potential for multiple income streams, and low overall operating expenses. The Hotel is within a two-mile radius of major demand generators such as Thibodaux Regional Medical Center (largest employer in the city), Nicholls State University (second largest employer) and Bayou Country Sports Park. The Property is situated near Highway 20 and Interstate 90, connecting Thibodaux to other cities in the region such as Houma, New Orleans, and Baton Rouge.
The Hotel is currently unencumbered by management and a franchise agreement, providing investors with more flexibility when making strategic decisions about the hotel's future direction. The new owner/operator can continue to run the Property independently or choose to select a franchise (the property is approved for conversion to a Quality Inn/Suburban Inn). The Hotel also features a fully functional, equipped, and lease ready restaurant, creating additional opportunity for upside.
The Carmel Inn and Suites represents an attractive value-add investment opportunity due to its strong performance upside from its current absentee ownership, flexible management structure, and potential for brand affiliation. Offered fee simple and below replacement cost, this is an excellent opportunity for an investor seeking an easy value-add Property.