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400 Spanish Town Blvd, New Iberia, LA, 70560

Hampton Inn & Suites
$7,400,000

Key Information

Cap Rate
8.36%
$ per unit
$72,550
Units
102
Year Built
2009/2024(R)
Type
Hospitality
Occupancy
60.54%
NOI
$618,802

Highlights

  • Recently Renovated “Forever Young” Hampton: Recently completed Hilton’s flagship Forever Young renovation program, delivering refreshed guestrooms, modernized public spaces, and elevated guest experience with a minimal change-of-ownership PIP—drastically reducing near-term capex and execution risk for the new owner.
  • Strong Post-Renovation Guest Reception: Achieved 4.0-star Google ratings post-renovation, signaling improved guest satisfaction, upgraded asset quality, and positive market reception—setting the stage for continued stabilization and revenue growth under experienced management.
  • Institutional-Quality Hilton Branding: Hampton Inn & Suites affiliation with Hilton Worldwide leverages one of the industry’s strongest loyalty programs, supporting premium ADR, consistent occupancy, and resilient demand from business and leisure travelers through economic cycles.
  • Limited-Service Asset with Operational Efficiency: 102-key upper-midscale, interior-corridor Hampton Inn & Suites benefits from efficient select-service operations and strong margin scalability, with current NOI of $618,802 reflecting meaningful cash flow relative to targeted pricing.
  • Limited Competitive Supply in Louisiana South Submarket: Limited new hotel development (only 1 proposed and 1 under construction), providing long-term occupancy stability and protection against oversupply in this submarket.
  • Ideal Owner-Operator or Regional Portfolio Acquisition: Modern construction, minimal PIP exposure, powerful Hilton branding, and diversified demand drivers make this an attractive target for owner-operators, 1031 exchange buyers, or regional investors seeking durable cash flow with operational upside.
  • Manageable Change-of-Ownership PIP: Estimated PIP totals $500,000 ($4,900/key), aligning perfectly with buyer expectations for a Hampton Inn & Suites upper-midscale asset and minimizing post-acquisition capital outlay.

Photos

Location

Agents

Broker of Record

Donnie Jarreau

License # Jarreau Real Estate
BROK.32688-ACT, BROK.995704351-CORP
16161 Perkins Road, Baton Rouge, LA 70810