8776 Airport Blvd | Houston, TX 77061
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8776 Airport Blvd
Houston, TX 77061
Strong Cash Flow | La Quinta Inn & Suites · Hospitality Property For Sale
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38,469 SF
Investment Highlights
- La Quinta Inn & Suites Houston Hobby Airport hotel is a 73-room, upper-midscale hotel within 1.1 miles of William P. Hobby Airport.
- Amenities include a free continental breakfast, a pool and hot tub and much more.
- This property offers investors an upside through a reduction in hotel operational expenses and revenue upside by completing the PIP.
- Hotel guests enjoy free shuttle services to and from the airport, which reported to fly over 5.5M passengers in 2021.
- As a 2022 Best of La Quinta Award" winner, the highly rated hotel is a below-replacement cost investment opportunity with major upside potential.
- La Quinta Inn and Suites Houston Hobby Airport is offered fee simple and unencumbered by management contracts or existing debt.
Property Facts
| Sale Condition | Auction Sale | Building Size | 38,469 SF |
| Type of Ownership | Fee Simple | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2007/2013 |
| Property Subtype | Hotel | Parking Ratio | 1.85/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.17 AC | Parcel Number | 0342030010324 |
| Zoning | None - None | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.17 AC |
| Building Size | 38,469 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2007/2013 |
| Parking Ratio | 1.85/1,000 SF |
| Corridor | Interior |
| Zoning | None - None |
| Parcel Number | 0342030010324 |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
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