Property Overview

The fully remodeled Motel 6 New Orleans/Slidell is a two-story, exterior corridor 153-room, economy class hotel.  The entire PIP was completed in 2022. 

The hotel is attractively priced at less than $35,000 per room and 4.5 times room revenue.  Significant upside revenue potential can be obtained by strong revenue management as the hotel is significantly underperforming its' comp set in both occupancy and ADR due to recent PIP renovations. Boosting RevPAR to at least 75% of the Comp Set would increase revenue to over $1.9 million. 

Motel 6 enjoys excellent interstate visibility and is conveniently located in the southwest corner of Highway 190 and Interstate 10 among numerous shopping, restaurant and entertainment venues.  

The hotel is located within 2 miles of two of the area’s largest employers, the Ochsner Medical Center – North Shore and Slidell Memorial Hospital. Other major attractions within 10 miles of the hotel include Big Branch Marsh National Wildlife Refuse, Pearl River Wildlife Management Area, Honey Island Swamp and Lake Pontchartrain.

Property Highlights

Asking Price$5,300,000
LocationSW corner of Highway 190 and Interstate-10
Property DescriptionLimited Service
Number of Rooms153
Major Source of BusinessMedical, Corporate, Casino, Retail, Tourism & Manufacturing
Site Size+/- 2.61 acres
Year Built 1983
Last Year Renovated 2022
Common Area AmenitiesBreakfast Area, Outdoor Pool, Guest Laundry & Free Wi-Fi