203 N Canal Blvd
Thibodaux, LA 70301

Property Tour and Contact Detail Information: Property tours are available by appointment. Please contact the listing broker to schedule a tour of the property. Investment Highlights: In-Place Positive Cash Flow Bedroom Community 60 Miles South West of Louisiana's Largest City Renovation 2011/2017 Upside Potential with Better Revenue Management Upside Potential with Owner- Operation Ten Year Franchise Licenses Anticipated Upon Completion of PIP Only "All economy" Hotel in Thibodaux Priced To Sell at Auction Approximately 30 additional non-guestroom, mixed-use units Investment Overview: The 81-room Motel 6 is one of the leading premium economy hotels in Thibodaux's community, 60 miles South from Louisiana's largest market, New Orleans, Louisiana.. The newly renovated hotel is available unencumbered by management, yet likely available for re-licensing with Motel 6 upon completion of a Property Improvement Plan (PIP). Opened in 1972, as a Sheraton, with approximately 120 guest rooms, features; outdoor swimming pool, fitness room, spacious lobby & breakfast area, guest laundry, business center, and meeting room. The two-story exterior corridor property has approximatel The two-story exterior corridor property has approximately 40,000 square feet of building area situated on 1.96 acres located in the Canal Boulevard (Hwy. 20) and LA-308 commercial corridor nearby to restaurants, (Starbuck's, Raising Cane's, Taco Bell, McDonald's, Pizza Hut, Chili's Grill & Bar, El Paso Mexican Grill, Wendy's, and Sonic Drive-In ) hotels (Hampton Inn and Days Inn) and retail business such as (CVS Pharmacy, Walgreens, Walmart Super Center, Lowe's Home Improvement, Auto Dealership and service businesses). The Motel 6 is the only mixed-use property in Thibodaux providing an underserved and unique offering to the area. The hotel offers spacious well-appointed guestrooms with microwave and refrigerators in all rooms. The hotel has a meeting room located on the first floor with adjacent public breakfast area affording small group business meeting. The hotel also encompasses approximately 40 rooms that are dedicated to retail and office use rental, allowing another stream of revenue generation for maximizing profits from the property. Thibodaux's location and access to Highway-90 makes it an ideal facility for hosting guest. Annual events such as the much celebrated