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31380 FM 2920 Rd
Waller, TX 77484
Holiday Inn Express & Suites: Waller · Hospitality Property For Sale · 75 Rooms

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class B
Lot Size 2.40 AC
Building Size 44,031 SF
No. Rooms 75
No. Stories 3
Year Built/Renovated 2009/2021
Parking Ratio 1.82/1,000 SF
Corridor Interior
Zoning None

Amenities

  • Fitness Center
  • Pool
  • Meeting Event Space

About 31380 FM 2920 RD , WALLER, TX 77484

Trailing 12 Month Revenue June 2018 is 2 million approx . June 2018 room Revenue Up Compared to Last year June 2017 Rooms Revenue . The property was built in 2009 . Features include an outdoor pool, 750 sq. ft. of meeting space, board room, fitness center and business center The property includes a 2 room manager's quarter , very convenient for someone to stay close to property at all time This 75 room Express features all of the attributes of an attractive investment. The owner completed a PIP in 2015/2016. It is located on HWY 290 ad FM 2920 exit, as one approaches Cypress/ Houston from the west. This hotel profits from a unique guest mix of transient interstate, entertainment, government and corporate business. Seller has 7 years left on IHG contract. According to seller's contacts within IHG, a new 10-15 year flag expected to be available upon completion of the new buyer's PIP. Holiday Inn Express, Waller is located on HWY 290 between the Prairie View A&M University and Houston Premium outlet mall. Approx 45 Min to Hour Drive From IAH Airport .Trailing 12 Month Revenue is 2.035 Million Approximately .

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 17 $105.00 -
Guest Room 58 $97.00 -

Property Taxes

Property Taxes

Parcel Number
1308490010003
Land Assessment
$544,374
Improvements Assessment
$4,302,787
Total Assessment
$4,847,161
  • Listing ID: 11650967

  • Date on Market: 2/20/2018

  • Last Updated:

  • Address: 31380 FM 2920 Rd, Waller, TX 77484

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