281-968-5019
3539 N Sam Houston Pky, Houston, TX for Sale
Hospitality - FOR SALE
1/9
null | Request Cap Rate

3539 N Sam Houston Pky
Houston, TX 77086


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

100

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn NW - Houston Beltway 8

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2020

PARKING SPACES

89

LAND DETAILS

LAND ACRES

2.64 AC

LAND SF

114,998 SF

ZONING

None

APN/PARCEL ID

1303480010009

ASK ABOUT THIS PROPERTY

Rorik SethSeth EquitiesMore Info
281-968-5019

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Rorik SethSeth EquitiesMore Info
281-968-5019

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.