Hotel Business and Related Assets in Louisiana

Auction Sale of assets of Megha, LLC, owns and operates a hotel in New Iberia, Louisiana under a franchise agreement with Hampton Inn consisting of three-story brick-veneer and stucco limited-service hotel building having 102 guest rooms, conference center, business center, outdoor swimming pool, fitness center, continental breakfast area and guest laundry with adequate concrete parking and drives, landscaping and security lighting all located on a site estimated to contain 3.53 acres. Of the 102 guestrooms, there are 67 kings and 35 double queens. There are 162 parking spaces, 6 of which are handicap and 156 are standard (all of the movable and immovable property comprising the seller's operations.

Typical guestroom furnishings include TV, desk and chair, high-speed wireless internet, coffee maker, iron and ironing board, hair dryer, nightstands, suites with sofa and side chair with ottoman. Most have chest of drawers, some having closets. There are two 2,500 lb. passenger elevator serving all floors. There is commercial grade carpet as well as ceramic tile floors throughout the building and hardwood floors in some of the first floor common areas. Overall, the building is well maintained and in a good state of repair.