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Comfort Inn & Suites Navasota 9345 Highway 6

54 Room Hotel Navasota, TX 77868 £3,462,341 (£64,117/Room)

Investment Highlights

  • 54 rooms, 3 Story, Interior Corridors, 1 Hour from Houston
  • Over $1.1M Revenue (Trailing 12 Months thru August 2024)
  • Near Texas A&M University in College Station, the Largest College in the U.S. with Nearly 75,000 Students
  • Opened in 2010, the Hotel is in Great Condition
  • $124 Average Daily Rate (3-Year Average)
  • Growing Market with 13.5% Population Growth Over the Past 10 Years

Executive Summary

The Comfort Inn & Suites in Navasota is a 54 room hotel located 1 hour from Houston. Opened in 2010, the hotel is in great condition. The Comfort Inn & Suites maintains a $124 Average Daily Rate (3-Year Average) providing strong operating profit.
The business benefits from nearby Texas A&M University, the largest college in the U.S. with nearly 75,000 students. Texas A&M is a big draw for visitors, particularly during Division I football season, and the Comfort Inn gets many guests who will avoid peak demand in College Station and stay in neighboring Navasota. Also, nearby is the Texas Renaissance Festival, taking place annually and spanning 9 weekends from October to December, the event draws over half a million guests annually. The hotel is also a short drive to Navasota Medical Center and Rattler Stadium, home of the Navasota High School Football Team.
Approximately 1 acre extra land is excluded from the sale. Extra land can be purchased if desired.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.

Property Facts

Price £3,462,341
Price Per Room £64,117
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.87 AC
Building Size 39,523 SF
No. Rooms 54
Number of Floors 3
Year Built 2009
Parking Ratio 1.54/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 27 £113.46 -
Guest Room 27 £103.28 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R70391
Land Assessment
£342,486
Improvements Assessment
£1,476,631
Total Assessment
£1,819,117

zoning

Zoning Code B-1 (General Business)
B-1 (General Business)
  • Listing ID: 31916845

  • Date on Market: 24/05/2024

  • Last Updated:

  • Address: 9345 Highway 6, Navasota, TX 77868

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