Overview
Offered for sale is a 50+/-room, three-story interior corridor hotel located along a major US Route in North Central Louisiana. Originally constructed in 2016 and converted to its current brand in 2024, the property has experienced strong revenue growth and operational improvements while requiring minimal near-term capital investment. The hotel benefits from a diverse demand base generated by manufacturing, timber, healthcare, education, government, contractor, and truck traffic throughout the region. Nearby demand drivers include a major paper mill that recently completed a $97 million expansion, regional healthcare facilities, outdoor recreation destinations, and university-related travel associated with Louisiana Tech University and Grambling State University. The offering presents an opportunity to acquire a well-maintained asset with strong in-place cash flow and continued upside through ADR, occupancy, and RevPAR growth.
Investment Highlights
🔷 50+/- room, three-story interior corridor hotel built in 2016 and converted to its current brand in 2024
🔷 Strong revenue growth and operational momentum following the 2024 conversion, with YE 2025 NOI of approximately $429K and projected Year 1 NOI of approximately $461K
🔷 Modern construction with minimal deferred maintenance and an estimated change-of-ownership PIP of approximately $100K±*
🔷 Primary branded hotel serving the local market with consistent contractor, labor, trucking, and corporate demand
🔷 Amenities include banquet and meeting space, business center, fitness center, elevator, and dining area
🔷 Located along a major regional transportation corridor near healthcare facilities, industrial operations, timber and manufacturing employers, outdoor recreation destinations, and university-related demand drivers
🔷 Attractive investment basis with projected Year 1 cap rate exceeding 12% and long-term upside through continued ADR, occupancy, and RevPAR growth