Ideal Opportunity for Owner/Operator with Manager’s Apartment Available 

• The property contains a total of 41 guestrooms, with 39 rentable rooms, as two connecting rooms are currently designated as a manager’s apartment for when the owner visits from out of state. The manager’s quarters include a kitchen and are connected to the laundry facility.

Absentee-Owned Hotel with Strong GOP Margins

• Despite absentee ownership, the hotel has consistently achieved strong gross-operating-profit (GOP) margins, averaging 42.6% over the past three years.

• Given the current “hands off” ownership, opportunities exist for improvement that could result in reduced rooms expenses and administrative & general expenses, further enhancing GOP margins.

• The property is the only economy-scale branded hotel in the city, offering a unique opportunity for an investor to capitalize on its strong market positioning. Upon completion of the change-of-ownership property improvement plan (PIP), it should be the market-leading economy-scale hotel property in the region, providing an opportunity to compete with higher-segment hotels in the city.

Consistent Rooms Revenue 

• The hotel has maintained stable top-line performance, averaging $457,000 (rounded) over the past three years, with a peak of $567,000 (rounded) in 2021.
  

• The hotel achieved $483,000 (rounded) in rooms revenue last year, registering a RevPAR of $32.

• Per the December 2024 STR report, the hotel’s RevPAR increased by 12.6% in 2024.

Upward Rooms Revenue Growth in 2025

• Year-to-date (YTD) February 2025 rooms revenue was up 51.9% over the same period in 2024.

• Based on HVS’s pro-forma projections, rooms revenue in 2025 is expected to exceed $525,000 (rounded), with a projected RevPAR of $36 and an NOI flow-through of $190,000 (rounded). The 8.25% increase in rooms revenue is a conservative figure when factoring in the hotel’s current YTD performance, which is tracking 50% higher than the same period last year.

• At the $1,700,000 pricing guidance, the hotel asset underwrites to a 3.26x rooms revenue multiplier (RRM) based on the February 2025 TTM rooms revenue: $520,000 (rounded).

Opportunity to Acquire Two Hotels in Eunice

• An investor has the unique opportunity to acquire both the Days Inn Eunice and the Best Western Eunice, creating operational efficiencies and market dominance in the city.

• With both properties positioned in distinct chain scales, an investor can capture a broader guest segment while benefiting from shared resources and streamlined management.

Excellent Location Among Corporate & Leisure Demand Generators

• The property is favorably located along U.S. Highway 190 in Eunice.

• The regional economy is primarily anchored by the healthcare, education, energy, O&G, food processing/packaging, distribution, and manufacturing industries or sectors.

• Louisiana State University Eunice (LSUE) significantly contributes to the local economy and lodging demand, as it hosts various events throughout the academic year. LSUE has embarked on a $10-million renovation project of Bengal Stadium, aiming to transform it into a premier facility in junior college athletics, with the ability to also attract more local sports teams and tournaments, as well as potential concerts and other events that could be held here.

Expanding O&G Industry and Energy Sector

• Louisiana’s expanding O&G industry and energy sector continue to drive demand for workforce housing and accommodations, benefiting hotel operators with higher occupancies from contractors, engineers, and corporate travelers.

• As already seen by the boost in YTD February 2025 rooms revenue, the following developments and investments are expected to continue driving economic growth, as well as lodging demand, through at least 2030 in Louisiana:

  • $219 billion in liquefied natural gas (LNG) projects

  • $151 billion in chemical and refining industries

  • $107 billion in energy transition projects