Significant RevPAR Upside After Recent Building Improvements

Following an extensive seven-month structural improvement, the Property successfully re-opened in September 2024 and is currently in its stabilization phase. As of April 2025, the Property is 6 out of 7 in ADR, exhibiting room for growth within the Property’s market.

Premium Location The Hotel features a highly accessible and strategically positioned location directly off Interstate 10 – ideal for capturing significant area demand. I-10 serves as a critical transportation artery across the southern half of Louisiana, linking its major population centers and facilitating travel between Texas to the west and Mississippi to the east.

No New Supply

There are currently no competing Hotels under construction within a 10-mile radius of the Property.

Extended Reach Brand Affiliation

Red Roof, an award-winning leader in the economy lodging industry, is recognized for creating the innovative upscale economy segment, serving millions of guests each year. With coast-to-coast locations, Red Roof has over 550 properties in the U.S. and has expanded internationally to Brazil and Japan. HomeTowne Studios, Red Roof’s newest sub-brand, offers guests the “Basic Essentials for a Long-Term Stay” and benefits from the increasing demand for extended-stay products in addition to Red Roof’s strong brand equity, attributes, and proven support system.

Fee Simple Assets Offered at a Discount to Replacement Cost

The acquisition of the Hotel represents an opportunity for investors to acquire the fee simple interest in an economy-branded extended stay hotel, well below replacement cost.

Offered Unencumbered by Management and Debt

The Property is currently being offered free and clear of a management contract and unencumbered by debt. A new owner/operator has the opportunity to revamp the operational strategies of the Hotel, implement new marketing and strategic cost control measures, and employ more aggressive revenue management strategies to increase flow through.