Log In/Sign Up
9185 Gulf Fwy
Houston, TX 77017
Holiday Inn Express & Suites Houston Hobby · Hospitality Property For Sale
·
56,776 SF
Investment Highlights
- The property opened in 2018, and ownership has maintained the physical asset well; thus, a minimal change-of-ownership PIP is expected
- Over the next twelve months, the hotel is on pace to achieve rooms revenue of at least $2,200,000 (rounded)
- In addition to the leisure demand generators, the property is situated roughly ten miles from both Downtown Houston and the Texas Medical Center (TMC)
- Per the December 2021 STR Trend Report, room-night demand for the Houston Hobby Airport/NASA submarket and the Hotel increased 24.6% and 48.6%
- The hotel is expected to generate over $2,700,000 in rooms revenue and $880,000 (rounded) in NOI flow-through within the next two years
Property Facts
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2018 |
| Building Class | B | Parking Ratio | 1.97/1,000 SF |
| Lot Size | 1.69 AC | Corridor | Interior |
| Building Size | 56,776 SF | ||
| Zoning | N/A | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.69 AC |
| Building Size | 56,776 SF |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 1.97/1,000 SF |
| Corridor | Interior |
| Zoning | N/A |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 1292280010003 | Improvements Assessment | $3,829,161 |
| Land Assessment | $1,324,314 | Total Assessment | $5,153,475 |
Property Taxes
Parcel Number
1292280010003
Land Assessment
$1,324,314
Improvements Assessment
$3,829,161
Total Assessment
$5,153,475
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
