Attractive Basis Below Replacement Cost & Onsite Owner’s Apartment

• The property is offered at an attractive basis of $41,615 per key, well below replacement cost.

• An onsite two-bed/two-bath owner’s apartment provides additional flexibility for an owner/operator.

Recently Converted Dual-Branded Asset

• In 2024, current ownership converted the property to a 45-key Motel 6, which opened in April 2024, and a 51-key Studio 6, which opened in June 2024, with over $1 million invested in a property improvement plan (PIP) as part of the conversion.

• The complementary economy and extended-stay offerings allow the dual-branded hotel to capture both transient interstate demand at the Motel 6 and longer-stay medical, university, and industrial demand at the Studio 6.

Market-Leading Competitive Performance

• Per the August 2026 STR report, the Motel 6 registered a trailing-twelve-month (TTM) occupancy penetration index of 113.5%, while the Studio 6 achieved an occupancy penetration index of 109.4%.

• Over the same TTM period, the Motel 6 and Studio 6 increased their RevPAR penetration levels by 11.2% and 41.7%, respectively.

Increasing Rooms Revenue Trend

• Combined rooms revenue totaled $995,298 in 2025, the first full year under both brands, and $1,009,315 for the TTM period through August 2026, reflecting a 3.4% increase over the prior TTM period.

• Through September 2026, combined rooms revenue increased by 1.9% over the same period in 2025, led by a 10.9% gain at the Studio 6.

• Based upon HVS’s pro-forma projections, combined stabilized revenue is anticipated to reach $1.16 million (rounded) in 2029, with NOI equating to roughly $444,000 (rounded).

Strong Occupancy with Meaningful Rate Upside

• Both hotel components lead their competitive sets in occupancy but price below them, having registered TTM average daily rate (ADR) penetration indexes of 91.5% (Motel 6) and 84.5% (Studio 6).

• Holding occupancy at current levels and increasing rates closer to their respective competitive set’s ADR would add approximately $139,000 (rounded) in annual rooms revenue, with upside available through more aggressive sales tactics and effective yield-management strategies.

Strategic Location Supported by Diverse Demand

• The property is located along South Morrison Boulevard near the interchange of Interstate 12 (I-12) and Interstate 55 (I-55) in Hammond, Louisiana, between Baton Rouge and New Orleans.

• Southeastern Louisiana University, with Fall 2026 enrollment of 15,492 students, and North Oaks Health System, which recently completed a $50-million specialty clinic, provide significant education- and healthcare-related demand.

• Industrial and logistics demand generators include Medline, which has a 650,000-square-foot distribution center in Hammond, and Graham Packaging, which is undergoing a $35-million plant enhancement that is slated for completion in 2027.