8850 Airport Blvd - Hospitality FOR SALE


Houston, TX 77061- Greater Hobby Area
$2,750,000 USD
281-968-5019
8850 Airport Blvd, Houston, TX for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/7
null | 13.74% Cap Rate

8850 Airport Blvd
Houston, TX 77061
Greater Hobby Area


HIGHLIGHTS

  • Travelodge by Wyndham Houston Hobby Airport is a 54-room motel in a high-demand area that offers a strong investment opportunity.
  • Guest rooms include flat-screen TVs, Wi-Fi, microwaves, mini-fridges, and modern decor for comfort and convenience.
  • Popular hotel amenities include a lobby, free breakfast, a 24-hour front desk, an outdoor pool, parking, and a guest laundry facility.
  • Recent upgrades to the building include refreshed interiors, exterior enhancements, and improved operational systems.
  • The hotel had a 77% occupancy rate and a $61 average daily rate in 2024, with strong revenue growth potential.
  • It is near Houston Hobby Airport, with easy access to I-45 and Beltway 8, and attracts steady air travelers and corporate guests.

OVERVIEW

Seth Equities is pleased to announce the exclusive listing of the Travelodge by Wyndham Houston Hobby Airport, a value-focused hospitality asset located in the high-demand Houston Hobby Airport submarket. With its strategic location, brand recognition, and well-maintained facilities, this property offers a compelling investment opportunity. The Travelodge by Wyndham Houston Hobby Airport is a three-story exterior corridor motel offering 56 guest rooms that provide essential amenities for today’s travelers. Each room is equipped with flat-screen TVs, high-speed Wi-Fi, microwaves, and mini-refrigerators, catering to both leisure and business guests. Thoughtful room layouts and contemporary decor create a welcoming and comfortable environment. As a part of Wyndham’s portfolio, the Travelodge brand delivers strong name recognition, access to Wyndham’s reservation system, and participation in the Wyndham Rewards loyalty program. The property features an inviting lobby area, a breakfast space where guests can enjoy complimentary daily offerings and a 24-hour front desk. Additional amenities include an outdoor swimming pool, on-site parking, and a guest laundry facility. Recent updates to the property include refreshed interiors, exterior enhancements, and improved operational systems, ensuring compliance with Wyndham’s brand standards. With recent updates completed, new ownership can focus on revenue management strategies and targeted marketing initiatives to increase RevPAR and NOI. The hotel’s performance delivered an occupancy rate of 77% and an average daily rate of $61 during 2024. Located just minutes from Houston Hobby Airport, the property benefits from year-round demand from air travelers, airline personnel, and corporate guests. Guests enjoy easy access to major highways, including Interstate 45 and Beltway 8, providing connectivity to downtown Houston, NASA’s Johnson Space Center, and the Port of Houston. Houston’s economic diversity, anchored by energy, healthcare, and technology sectors, drives consistent demand for lodging. The city’s tourism and convention industries further bolster the market’s performance. The Travelodge by Wyndham Houston Hobby Airport combines a prime location, a trusted brand, and recent property updates to offer excellent return potential for hospitality investors. For more information or to schedule a property tour, please contact: Rorik Seth rseth@aminrealtyinc.com 281-968-5019

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$136 USD /SF

# OF ROOMS

55

PRICE/ROOM

$50,000 {currency}

CAP RATE

13.74%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travelodge by Wyndham Houston Hobby Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1988

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,209 SF

ZONING

None

APN/PARCEL ID

1381250010002

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.