Motel 6 Westchase


Price:

Call for Offers Issued
CFO DEADLINE: Tuesday, October 23rd at noon

Address :
2900 W Sam Houston Pkw S
Houston, TX 77042


  •  Tours October 11th & 12th. Contact Mumford Company for an appointment.
  •  Manager’s apartment available
  •  Owner/operator can reduce expenses/increase bottomline
  •  48 camera high-security system
  •  Opportunity to reposition property through renovation and re-branding
  •  Excellent location off Highway 8
  •  The hotel is being offered without the Motel 6 Franchise. Prospective purchasers will need to determine alternative hotel branding options.
    View Map    View Aerial
  •  Houston is the most populous city in the State of Texas, a census-estimated the population to be 2.312 million in 2017.
  •  Property located on Beltway 8, the Sam Houston Tollway and South of Interstate 10
  •  Close to Regional Demand Generators:
    •  1.0 Miles to Phillips 66
    •  1.0 Miles to Equinor US (Statoil)
    •  1.5 Miles to BMC Software
    •  2.3 Miles to The Men’s Warehouse Corporate Office
    •  3.0 Miles to West Houston Medical Center
    •  5.1 Miles to Hermann Memorial City Medical Center
  •  3-Story Building
  •  Interior Corridors
  •  Brick and Masonry Block Construction
  •  Stucco Facade
  •  Metal, Standing Seam Pitched Roof
  •  Concrete Parking Lot
  •  Guest Laundry
  •  Wireless Internet
  •  Seasonal Outdoor Pool
  •  Built 1997
Financials
2015
2016
2017
T-12Mos 8/18
Occupancy
75.1%
68.7%
70.2%
71.3%
Average Daily Rate
$59.19
$53.74
$52.84
$53.86
Room Revenue
$1,963,646
$1,634,430
$1,637,103
$1,695,755
Net Operating Income
$987,644
$593,527
$651,750
$707,708
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!