8800 Airport Blvd - Hospitality FOR SALE


Houston, TX 77061
$2,950,000 USD
281-968-5019
8800 Airport Blvd, Houston, TX for Sale
$2,950,000 USD
Hospitality - FOR SALE
1/14
null | 10.46% Cap Rate

8800 Airport Blvd
Houston, TX 77061


OVERVIEW

Offering Summary Howard Johnson by Wyndham Houston Hobby Airport Offered Exclusively by Amin Realty, Inc. Amin Realty, Inc. is pleased to present the exclusive listing of the Howard Johnson by Wyndham Houston Hobby Airport, a well-positioned hospitality asset catering transient and leisure travelers in the bustling Houston market. With its proximity to the Houston Hobby Airport and recent property upgrades, this offering represents a solid investment opportunity in a high-demand area. Property Highlights: Rooms: 64 Keys Brand: Howard Johnson by Wyndham, a respected name in affordable lodging Renovation: Recent upgrades ensure the property meets modern standards and enhances guest satisfaction. Property Description: The Howard Johnson by Wyndham Houston Hobby Airport is a two-story exterior corridor hotel offering 64 guestrooms designed for comfort and convenience. Room configurations include king, queen, and double-bed accommodations, all equipped with flat-screen TVs, high-speed Wi-Fi, microwaves, and mini-refrigerators. Modern furnishings and soft lighting create a welcoming atmosphere for all types of travelers. The property features an inviting lobby with a 24-hour front desk, a complimentary breakfast area, and ample seating for guests. Additional amenities include a business center, a fitness room, and an outdoor swimming pool. Onsite parking is provided at no additional charge, further enhancing the guest experience. The property’s recent upgrades include exterior improvements, updated furnishings, and enhancements to guestroom amenities, aligning with Wyndham’s brand standards. These improvements position the property for long-term operational success and guest satisfaction. Investment Highlights: Strategic Location: The property is conveniently located just minutes from the Houston Hobby Airport, providing excellent accessibility for air travelers. It is also near key demand generators such as NASA’s Johnson Space Center, the Port of Houston, and downtown Houston. Proximity to Transportation: The hotel benefits from its close proximity to major highways, including Interstate 45 and Beltway 8, ensuring ease of access for both regional and interstate travelers. Brand Affiliation: As part of the Wyndham portfolio, the Howard Johnson brand ensures strong name recognition, a reliable reservation system, and access to a global customer base through Wyndham Rewards. Strong Market Fundamentals: Houston is one of the nation’s largest and most diverse cities, with a robust economy driven by industries such as energy, healthcare, and technology. The consistent demand for lodging accommodations supports strong occupancy and revenue potential. Value-Add Opportunity: New ownership can leverage the property’s upgrades while implementing strategic marketing and operational efficiencies to drive revenue growth and improve NOI. Financial Summary: Asking Price: $2.95M Occupancy Rate: 72% ADR: $57 This outstanding offering combines a prime location near a major airport, brand recognition, and recent upgrades, making it a highly attractive investment for hospitality-focused buyers. For more information or to schedule a property tour, please contact: Rorik Seth Amin Realty, Inc. rseth@aminrealtyinc.com 281-968-5019

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$55 USD /SF

# OF ROOMS

64

PRICE/ROOM

$46,094 {currency}

CAP RATE

10.46%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Howard Johnson Houston

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

none

APN/PARCEL ID

0342030010083

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.