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Orbit INN 9202 Homestead Rd 35 Room Hotel Houston, TX 77016 $1,399,999 ($40,000/Room)
EXECUTIVE SUMMARY
Seller Finance Possible to Qualified Buyer Only .
Orbit Inn Hotel Overall Information.
26 Rooms rentable
1 Employees Room (currently staying)
1 Out of order room( need box spring little small work)
3 Bed rooms Owner’s apartment.
1 bedroom plus kitchen employee apartment ready to go.
2 Employee apartment need cleaning and small stuff and ready to go.
2 storage room can be convert into guest room.
Brand new toilet in rooms.
Rooms has old furniture and old paint.
Orbit Inn Hotel Overall Information.
26 Rooms rentable
1 Employees Room (currently staying)
1 Out of order room( need box spring little small work)
3 Bed rooms Owner’s apartment.
1 bedroom plus kitchen employee apartment ready to go.
2 Employee apartment need cleaning and small stuff and ready to go.
2 storage room can be convert into guest room.
Brand new toilet in rooms.
Rooms has old furniture and old paint.
PROPERTY FACTS
| Price | $1,399,999 | Building Size | 14,218 SF |
| Price Per Room | $40,000 | No. Rooms | 35 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1979 |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.39 AC | ||
| Zoning | C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use | ||
| Price | $1,399,999 |
| Price Per Room | $40,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 14,218 SF |
| No. Rooms | 35 |
| No. Stories | 2 |
| Year Built | 1979 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 35 | $50.00 | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $626,116 | |
| Land Assessment | $345,420 | Total Assessment | $971,536 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$345,420
Improvements Assessment
$626,116
Total Assessment
$971,536
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Orbit INN | 9202 Homestead Rd
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