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Holiday Inn NW - Houston Beltway 8 3539 N Sam Houston Pky

100 Room Hotel Houston, TX 77086 For Sale

Investment Highlights

  • Three consecutive years of upward trending revenue
  • Huge Operational Upside - Property RevPar Index (RGI) sits at just 79% per STR metrics
  • 100 Keys
  • T12 Revenue (Sep) is performing at approximately $1.9M (+15% YoY)
  • Minimal PIP expected

Executive Summary

Amin Realty Inc., as the exclusive advisor to ownership, is pleased to present for sale the 100-Key Holiday Inn Houston NW - Beltway 8. The property opened in June of 2020 and has seen 3 consecutive years of upward trending revenue.
Key Deal Metrics:
Ramp Up - Top Line revenue is up 15% YoY with T12 performing at approximately $1.9M.
Operational Value Add Opportunity - Property T12 RevPar index sits at just 79% | GOP margins well below standard metrics
Turn Key- Minimal CapEx & PIP expected
Call For Offers Due November 20th
Please reach out to Broker for access to due diligence information and to request tours.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.64 AC
Building Size 89,205 SF
No. Rooms 100
Number of Floors 4
Year Built 2020
Parking Ratio 1/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 3 £104.07 -
Guest Room 97 £77.46 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1303480010009
Land Assessment
£717,838
Improvements Assessment
£2,827,199
Total Assessment
£3,545,038

zoning

Zoning Code None
None
  • Listing ID: 33450917

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 3539 N Sam Houston Pky, Houston, TX 77086

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