Sleep Inn & Suites - Bush Intercontinental Airport IAH East


Price:
$3,975,000

Address :
18150 McKay Blvd
Houston, TX 77338


  •  TOURS: August 9th & 10th Call for appointment.
  •  Great Operation only 2.6 Miles from the Houston – George H. W. Bush/IAH Airport
  •  Close Proximity to Encompass Rehab Hospital, Kindred Rehab Hospital, and Icon Hospital
  •  Easy Operation for Hands-On Owner/Operator With Low Room Count
  •  One of the Most Highly Sought After Markets in Texas
  •  17 Miles from Downtown Houston
  •  Offers Airport Transportation and Park & Fly Packages to Guests
  •  The hotel is being offered subject to the existing franchise. Choice Hotels is expected to grant a standard Sleep Inn & Suites license agreement upon the completion of a Product Improvement Plan (PIP).
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  •  Houston is the nation’s 5th largest Metropolitan Statistical Area with a population of 6.9 million people. Since 2010, it has a 16.4% increase in population – the fastest rate among the 10 most populous metropolitan areas.
  •  Close to Regional Demand Generators, Including...
    •  2.2 Miles to Deerbrook Mall
    •  2.6 Miles to Houston - George H. W. Bush Intercontinental Airport (IAH)
    •  8.5 Miles to Golf Club of Houston, Site of the PGA Tour’s Houston Open
    •  11 Miles to Lake Houston
    •  19 Miles to Minute Maid Park, Home to World Series Champions’ Houston Astros
    •  22 Miles to The University of Houston
    •  27 Miles to NRG Stadium, Home to NFL’s Houston Texans
  •  54 Rooms
  •  Continental Breakfast Area (Seats 24)
  •  Meeting Space (Seats 51)
  •  Business Center
  •  Guest Laundry
  •  Exercise Room
  •  Seasonal Outdoor Pool & Whirlpool
  •  Oversized Vehicular Parking
  •  Wireless Internet
  •  3 Stories
  •  Interior Corridors
  •  Wood Structure, Stucco Facade
  •  Pitched Roof with Composite Shingles
  •  Concrete Parking Lot
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2017
T-12Mos 9/18
Occupancy
72.19%
66.60%
Average Daily Rate
$71.42
$69.59
Room Revenue
$1,016,238
$913,482
Net Operating Income
$188,780
N/A
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!