Address: 105 Lamar Street, Houma, LA 70360
105 Lamar Street presents a compelling hospitality redevelopment opportunity in Houma, Louisiana. The property consists of a former Howard Johnson by Wyndham flagged, 57-key hotel facility that sustained significant damage during Hurricane Ida. The property offers an investor or developer the opportunity to renovate and reposition the asset as a traditional hotel, extended-stay facility, workforce lodging, or other hospitality concept. The existing improvements provide meaningful advantages compared with pursuing a new ground-up development.
Located in Houma, the commercial and employment center of Terrebonne Parish, the property benefits from a regional economy supported by the energy, marine, industrial, healthcare, government, and service sectors. With its existing 57-key layout, established hospitality use, and strategic location, the property offers a strong opportunity to restore and reposition the property to serve both transient and extended-stay demand.
Price: Call for Offers
GBA: +/- 57,934 SF
Site Size: 2.95 Acres
Keys: 57 (15 Suites + 42 Guest Rooms)
Zoning: C-2
For further listing details please contact Troy Hagstette 504-251-5719 or Parke McEnery 504-236-9542.
