Red Roof Inn & Suites Hobby Airport | 9902 Gulf Freeway
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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
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
- PIP
Property Facts
Price | £4,102,800 | Building Size | 48,132 SF |
Price Per Room | £32,053 | No. Rooms | 128 |
Sale Type | Investment | Number of Floors | 3 |
Property Type | Hospitality | Year Built/Renovated | 1984/2019 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | C | Parking Ratio | 3.07/1,000 SF |
Lot Size | 2.47 AC | Corridor | Exterior |
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 | - |
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PROPERTY TAXES
Parcel Number | 0342030030315 | Improvements Assessment | £1,574,781 |
Land Assessment | £680,093 | Total Assessment | £2,254,874 |
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) |
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Red Roof Inn & Suites Hobby Airport | 9902 Gulf Freeway
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