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502 N Sam Houston Pky E
Houston, TX 77060
Red Roof Plus · Hospitality Property For Sale
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102,784 SF
Investment Highlights
- Recently renovated 157-room hospitality investment less than 15 minutes from George Bush Intercontinental Airport.
- Value-add opportunity being offered at a significant discount to replacement cost.
- The hotel is surrounded by a plethora of demand drivers and retailers, including McDonald's, Waffle House, NAPA Auto Parts, and more.
- 502 N Sam Houston Pkwy's RevPAR increased in 2021; over 2020 and 2021, results showed dramatic improvement.
- Highly visible to the nearly 15,000 vehicles traveling along Sam Houston Parkway each day.
- Perfect time to invest in Houston with the city home to nearly 7MM residents and the second-highest number of Fortune 500 headquartered in the city.
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1979/2018 |
| Building Class | C | Parking Ratio | 1.59/1,000 SF |
| Lot Size | 3.92 AC | Corridor | Interior |
| Building Size | 102,784 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.92 AC |
| Building Size | 102,784 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1979/2018 |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 1086230000006 | Improvements Assessment | $3,703,847 |
| Land Assessment | $1,025,196 | Total Assessment | $4,729,043 |
Property Taxes
Parcel Number
1086230000006
Land Assessment
$1,025,196
Improvements Assessment
$3,703,847
Total Assessment
$4,729,043
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