Motel 6


Price:
$4,200,000

[Currently Under Agreement]

Address :
14833 Katy Fwy
Houston-West Katy, TX 77094


  •  Manager’s Apartment
  •  Highly Sought-After Asset In Houston Energy Market
  •  Owner/Operation Can Reduce Expenses/Increase Bottom-Line
  •  Opportunity To Re-Position Property Through Re- Branding
  •  Multiple Franchises Available In This Houston Sub- Market
    View Map    View Aerial
  •  Katy’s area growth is fueled by an abundant and talented population, which is growing at a rate of roughly 5% annually.
  •  Katy is located about 16 miles west of Interstate 45 (I-45), the main north/south interstate in Houston
  •  Close to Regional Demand Generators:
    •  4.5 Miles to Wood Group PSN
    •  7.3 Miles to BP Energy Company
    •  9.2 Miles Shell Woodcreek Complex
    •  9.6 Miles ConocoPhillips World Headquarters
    •  10.0 Miles TechnipFMC
  •  3 Buildings
  •  3 Stories
  •  Exterior Corridors
  •  Frame Construction
  •  Stucco Facade
  •  Composition Shingle Roof
  •  Concrete Parking Lot
  •  Guest Laundry
  •  Wireless Internet Available
  •  Outdoor Pool
  •  Built 1985
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
2015
2016
2017
T-12Mos 8/18
Occupancy
77.3%
64.4%
67.2%
65.6%
Average Daily Rate
$49.38
$45.88
$45.91
$46.45
Room Revenue
$1,880,533
$1,459,280
$1,519,330
$1,502,475
Net Operating Income
$857,500
$545,179
$608,748
$359,119
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!