Motel 6 Westchase


Price:
$5,300,000

[Currently Under Agreement]

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


  •  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
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.




Please check this box if you would like to subscribe to our weekly newsletter.

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!