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Red Roof Inn & Suites Hobby Airport 9902 Gulf Freeway

128 Room Hotel Houston, TX 77034 £4,102,800 (£32,053/Room)

Investment Highlights

  • Take advantage of the 128-key Red Roof Inn & Suites Hobby Airport in Houston, an economy hospitality asset offering diverse upside potential.
  • New ownership has the opportunity to capitalize on the hotel’s existing revenue stream and strong market performance.
  • Almeda Mall, Memorial Hermann Southeast Hospital, University of Houston, and Ellington Field Joint Reserve Base are all within 10 miles.
  • Prominently located directly off I-45 near William P. Hobby Airport, Sam Houston Tollway, and I-610, the hotel is easily accessible to travelers.
  • Red Roof Inn & Suites Hobby Airport is conveniently surrounded by a dynamic mix of demand drivers and sits only 7 miles to Downtown Houston.
  • Nearby national retailers include Waffle House, Starbucks, McDonald’s, Subway, Walmart Supercenter, Ross Stores, Family Dollar, and more.

Data Room Click Here to Access

Property Facts

Price £4,102,800
Price Per Room £32,053
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.47 AC
Building Size 48,132 SF
No. Rooms 128
Number of Floors 3
Year Built/Renovated 1984/2019
Tenancy Single
Parking Ratio 3.07/1,000 SF
Corridor Exterior

Amenities

  • Business Centre
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wi-Fi
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 32 £82.06 -
Guest Room 96 £48.13 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0342030030315
Land Assessment
£680,093
Improvements Assessment
£1,574,781
Total Assessment
£2,254,874

zoning

Zoning Code F1 (No zoning)
F1 (No zoning)
  • Listing ID: 27861148

  • Date on Market: 20/12/2023

  • Last Updated:

  • Address: 9902 Gulf Freeway, Houston, TX 77034

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