Connolly Investments reposted this
Just Listed! Holiday Inn in Houma, LA. This four-story, interior corridor, full-service hotel has recently undergone a comprehensive interior and exterior renovation, fully meeting all IHG PIP requirements, totaling $4.5M in cap-ex. The recent upgrades, combined with the hotel's advantageous location and modern amenities, position it well to capture increased market share amidst minimal incoming supply side pressures. A new owner can expect to drive higher ADR while stabilizing Occupancy rates, thereby increasing RevPAR and overall investment returns. Prior to the renovation, this property outpaced submarket and competitive set performance. Contact me or Wesley Connolly to discuss this hospitality opportunity, as well as other assets available off-market or coming to market soon.📲 (334) 313 - 6014 Connolly Investments #ConnollyInvestments #CRE #HospitalityInvestmentSales #HotelForSale #SoutheastHospitality #CommercialRealEstate #HolidayInnForSale #JustListed