Carmel Inn & Suites - Thibodaux | 400 E 1st St
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Carmel Inn & Suites - Thibodaux 400 E 1st St
94 Room Hotel Thibodaux, LA 70301 $3,500,000 ($37,234/Room)
Investment Highlights
- 1 mile from Nicholls State University
- Great potential to New Owner Operator
- Several National Franchise Brands Conversion Available
- Within close proximity to all demand generators in Thibodaux, LA
- Excellent Hotel for Extended Stay Long Term Hotel Conversion
- New Nursing Home underway (Highway 1 and Percy Brown)
Executive Summary
Rooms: 94
Exterior Corridor
2 Stories
Year Built: 1972
Lot Size: 3.2 acres
Solid Block Construction
1 mile from Nicholls State University
Within close proximity to all demand generators in Thibodaux, LA
Great potential to New Owner Operator
Excellent Hotel for Extended Stay Long Term Hotel Conversion
Several National Franchise Brands Conversion Available
Bank Financing Available
55 miles from New Orleans, LA. Located in Thibodaux, the hotel is within 1 mile from downtown and Nicholls State University.
Demand Generators:
$40 million Cancer Center
$6 million in improvements to NSU Football Stadium
$770k NSU new greenhouse
$8.1 million Bayou Side Park
New Nursing Home underway (Highway 1 and Percy Brown)
NSU Wellness Center- 12 tennis courts, football field, sand volleyball court
Old Rouses Market will be torn down to build new hospital parking lot
Bollinger Education Building refurbishment underway
Student retention at NSU is 73%, currently 7,000 students
Location Highlights:
Downtown Thibodaux - 0.5 miles
St. Joseph Co-Cathedral - 0.6 miles
Nicholls State University - 0.7 miles
Laurel Valley Village - 2.3 miles
Thibodaux Regional Medical Center - 2.4 miles
Bayou Lafourche - 21.8 miles
Jean Lafitte National Historical Park and Preserve - 56.9 miles
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
Exterior Corridor
2 Stories
Year Built: 1972
Lot Size: 3.2 acres
Solid Block Construction
1 mile from Nicholls State University
Within close proximity to all demand generators in Thibodaux, LA
Great potential to New Owner Operator
Excellent Hotel for Extended Stay Long Term Hotel Conversion
Several National Franchise Brands Conversion Available
Bank Financing Available
55 miles from New Orleans, LA. Located in Thibodaux, the hotel is within 1 mile from downtown and Nicholls State University.
Demand Generators:
$40 million Cancer Center
$6 million in improvements to NSU Football Stadium
$770k NSU new greenhouse
$8.1 million Bayou Side Park
New Nursing Home underway (Highway 1 and Percy Brown)
NSU Wellness Center- 12 tennis courts, football field, sand volleyball court
Old Rouses Market will be torn down to build new hospital parking lot
Bollinger Education Building refurbishment underway
Student retention at NSU is 73%, currently 7,000 students
Location Highlights:
Downtown Thibodaux - 0.5 miles
St. Joseph Co-Cathedral - 0.6 miles
Nicholls State University - 0.7 miles
Laurel Valley Village - 2.3 miles
Thibodaux Regional Medical Center - 2.4 miles
Bayou Lafourche - 21.8 miles
Jean Lafitte National Historical Park and Preserve - 56.9 miles
Please Do Not Call The Hotel or Hotel Employees about the Sale of the Hotel. Absentee Owner.
Property Facts
| Price | $3,500,000 | Building Size | 54,085 SF |
| Price Per Room | $37,234 | No. Rooms | 94 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1855/2012 |
| Property Subtype | Hotel | Parking Ratio | 2.67/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 3.20 AC |
| Price | $3,500,000 |
| Price Per Room | $37,234 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.20 AC |
| Building Size | 54,085 SF |
| No. Rooms | 94 |
| No. Stories | 2 |
| Year Built/Renovated | 1855/2012 |
| Parking Ratio | 2.67/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | $169.00 | - |
| Guest Room | 89 | $106.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $123,850 | |
| Land Assessment | $24,580 | Total Assessment | $148,430 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$24,580
Improvements Assessment
$123,850
Total Assessment
$148,430
zoning
| Zoning Code | RB (Medium Density Residential) |
| RB (Medium Density Residential) |
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Carmel Inn & Suites - Thibodaux | 400 E 1st St
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