BAYMONT INN & SUITES HOUMA 1254 Grand Caillou Road Houma, LA 70363

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1 1254 Grand Caillou Road Houma, LA

2 EXECUTIVE SUMMARY VITAL DATA Price $2,500,000 MAJOR EMPLOYERS Down Payment 100% / $2,500,000 Loan Type All Cash Price/Room $37,879 Ownership Type Fee Simple Number of Rooms 66 Rentable Square Feet 43,560 Number of Buildings 1 Number of Stories 3 Year Built 2008 Lot Size 1 acre(s) EMPLOYER # OF EMPLOYEES Terrebonne General Medical Ctr 1,381 Todco 1,300 Terrebnne Prish Cnsld Gvrnment 862 Walmart 800 Blue Cross and Blue Shield 767 Chet Morrison Contractors 500 Cenac Marine Services LLC 458 Performance Energy Svcs LLC 449 Leonard J Chabert Medical Ctr 421 Halliburton Energy Services 400 Motor Vehicles Louisiana Dept 400 Gulf Island LLC 395 DEMOGRAPHICS 1-Miles 3-Miles 5-Miles 2016 Estimate Pop 6,259 31,276 62, Census Pop 6,242 30,788 61, Estimate HH 2,236 11,695 22, Census HH 2,240 11,537 22,197 Median HH Income $43,881 $40,826 $48,810 Per Capita Income $21,177 $21,785 $24,763 Average HH Income $59,198 $57,892 $68,013 # 2

3 INVESTMENT OVERVIEW Investment Overview The Baymont Inn & Suites Houma is a three-story, 66-room hotel located in Houma, Louisiana. Built in 2008, the hotel is well positioned off Interstate 90 and near Houma Terrebonne Airport. This non-smoking hotel provides convenient amenities for guests such as a gym, outdoor pool, free continental breakfast/breakfast area and 276 square feet of meeting facilities that accommodate up to 12 people. With quick access to Interstate 90, the Baymont Inn & Suites Houma is convenient to area attractions that draw guests to stay multiple nights. The hotel is close to the Gulf Intracoastal Waterway, Wildlife Gardens and Annie Millers Swamp and Marsh Tours. Guests can also enjoy CoCo Marina's chartered fishing trips, and the Chauvin Sculpture Garden and Art Studio. INVESTMENT HIGHLIGHTS 66-Room, Interior-Corridor, Midscale Hotel Built In 2008 Recipient of The 2014 TripAdvisor Certificate of Excellence Award Absentee Ownership and Management Present Great Upside to Improve Cash Flow Upside Potential with Potential Re-Branding Opportunities Priced Significantly Below Replacement Cost 3

4 PROPERTY OVERVIEW Houma, Louisiana is within an hour of New Orleans, Baton Rouge and 26 miles from the Gulf of Mexico. While Houma is in the heart of Bayou Country, its economy grows stronger every day. A flourishing population, low unemployment rate, and hub for Louisiana's major industries make Houma a highly desirable area for business and leisure activity. Houma is home to many major industry types including oil and gas production, metal fabrication and machining, shipbuilding and repair, marine service, and major retail trade. Of these, Houma plays a major role to the states supply of oil and gas. Houma's navigational canals serve as water superhighways transporting rigs back and forth from the Gulf of Mexico. This has made Houma as an excellent place to conduct business and one of the many contributors to the area's superior job growth. Common Area Amenities Fitness Center Free Breakfast Laundry Facilities Outdoor Pool Meeting Room Guest Room Amenities Flat-Screen Televisions Workstation Free WiFi Coffee/Tea Maker Free Local Calls/Long Distance Access # 4

5 PROPERTY SUMMARY THE OFFERING Property Baymont Inn & Suites Houma Price $2,500,000 Property Address 1254 Grand Caillou Road, Houma, LA Assessors Parcel Number SITE DESCRIPTION Number of Rooms 66 ADA Rooms 4 Number of Stories 3 Year Built/Renovated 2008 Hotel Website Ownership Type Fee Simple Lot Size 2.12 Acres Parking Ample CHANGE TO FRANCHISE Application Fee $26,000 Parent Company Wyndham Hotel Group Term January 22, January 21, 2027 Royalty/Marketing Fees 5% GRR/3.5% GRR ROOM TYPES NUMBER OF ROOMS ROOM TYPE 22 King 41 Double 3 Suite/Kitchenette 4 ADA Compliant PROPOSED FINANCING FIRST TRUST DEED Loan Type All Cash SECOND TRUST DEED Loan Type All Cash 5

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7 PROPERTY PHOTO Marcus & Millichap closes more transactions than any other brokerage firm. FOR MORE INFROMATION CALL: Steve Swenholt Senior Associate, National Hospitality Group Office: (512) Mobile: (972)