HOUSTON, TX, March 17, 2025: HVS Brokerage & Advisory announces the sale of the the 65-key Days Inn by Wyndham Natchitoches, located at 5135 University Parkway, Natchitoches, Louisiana 71457.
The property, built in 1992, was purchased by Mahabali Hospitality LLC, based in Southlake, Texas, from N.M.I., Inc., based in Natchitoches, Louisiana.
Jay Sharplin, President of N.M.I., Inc., commented, “It was a pleasure working with Matt, Eric, and the entire HVS team to successfully close this deal. They executed a strong marketing strategy that brought in a diverse range of offers from qualified local and regional buyers. The HVS team supported us every step of the way and worked with all parties to ensure a seamless closing. I look forward to working with them again in the future.”
The property was the first hotel built in the local area and boasts a strategic location just off Interstate 49, proximate to Downtown Natchitoches. Local demand generators and attractions include Northwestern State University, the Natchitoches Jazz/R&B Festival, Louisiana Summer Fest, the NYP Pub Crawl, and Parc Natchitoches, a newly constructed, multimillion-dollar sports park. The local economy’s strength and diversity continues to support growth in the lodging sector; the area attracts both commercial and leisure-related demand—a trend that is expected to continue.
“Built in 1992 by the seller’s family as the first hotel in the city, this property has been a longstanding part of the community, and we’re thrilled to announce the successful closing of its sale. By leveraging our expansive internal database, we generated six offers and ultimately secured an out-of-state buyer with an escrow period of less than 80 days. This transaction highlights the continued demand for well-positioned hospitality assets in tertiary markets. We wish Mahabali Hospitality LLC success with this hotel and the value it will bring to the Natchitoches market,” said Matt Almy, Senior Associate of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Matt Almy, Eric Guerrero, Andrew Frosch, Kyle Peterek, Fadi Rawashdeh, and Daneen Godinet participated in this transaction.
About HVS Brokerage & Advisory
The Brokerage & Advisory division is a specialized group within HVS that offers services related to investment sales and capital markets, focused exclusively on the hospitality industry. With a global footprint and over 35 offices nationwide, HVS’s hospitality intelligence and extensive expertise will help you achieve the results you want.
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