9345 Highway 6 - Hospitality FOR SALE


Navasota, TX 77868
$4,425,000 USD
818-851-3315
9345 Highway 6, Navasota, TX for Sale
$4,425,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

9345 Highway 6
Navasota, TX 77868


HIGHLIGHTS

  • 54 rooms, 3 Story, Interior Corridors, 1 Hour from Houston
  • Opened in 2010, the Hotel is in Great Condition
  • Over $1.1M Revenue (Trailing 12 Months thru August 2024)
  • $124 Average Daily Rate (3-Year Average)
  • Near Texas A&M University in College Station, the Largest College in the U.S. with Nearly 75,000 Students
  • Growing Market with 13.5% Population Growth Over the Past 10 Years

OVERVIEW

The Comfort Inn & Suites in Navasota is a 54 room hotel located 1 hour from Houston. Opened in 2010, the hotel is in great condition. The Comfort Inn & Suites maintains a $124 Average Daily Rate (3-Year Average) providing strong operating profit. The business benefits from nearby Texas A&M University, the largest college in the U.S. with nearly 75,000 students. Texas A&M is a big draw for visitors, particularly during Division I football season, and the Comfort Inn gets many guests who will avoid peak demand in College Station and stay in neighboring Navasota. Also, nearby is the Texas Renaissance Festival, taking place annually and spanning 9 weekends from October to December, the event draws over half a million guests annually. The hotel is also a short drive to Navasota Medical Center and Rattler Stadium, home of the Navasota High School Football Team. Approximately 1 acre extra land is excluded from the sale. Extra land can be purchased if desired. Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.

FOR SALE DETAILS

PRICE

$4,425,000 USD

PRICE/SF

$112 USD /SF

# OF ROOMS

54

PRICE/ROOM

$81,944 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn & Suites Navasota

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

61

LAND DETAILS

LAND ACRES

2.87 AC

LAND SF

125,017 SF

ZONING

B-1

APN/PARCEL ID

R70391

ASK ABOUT THIS PROPERTY

Oliver CooperAmber Hotel CompanyMore Info
818-851-3315

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Oliver CooperAmber Hotel CompanyMore Info
818-851-3315

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