8776 Airport Blvd | Houston, TX 77061
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- LoopNet Team
8776 Airport Blvd
Houston, TX 77061
Strong Cash Flow | La Quinta Inn & Suites · Hospitality Property For Sale · 36,000 SF
Investment Highlights
- La Quinta Inn & Suites Houston Hobby Airport hotel is a 73-room, upper-midscale hotel within 1.1 miles of William P. Hobby Airport.
- Amenities include a free continental breakfast, a pool and hot tub and much more.
- This property offers investors an upside through a reduction in hotel operational expenses and revenue upside by completing the PIP.
- Hotel guests enjoy free shuttle services to and from the airport, which reported to fly over 5.5M passengers in 2021.
- As a 2022 Best of La Quinta Award" winner, the highly rated hotel is a below-replacement cost investment opportunity with major upside potential.
- La Quinta Inn and Suites Houston Hobby Airport is offered fee simple and unencumbered by management contracts or existing debt.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 36,000 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2007 |
| Building Class | B | Corridor | Interior |
| Lot Size | 4.08 AC |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.08 AC |
| Building Size | 36,000 SF |
| No. Stories | 3 |
| Year Built | 2007 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $243,973 | Total Assessment | $243,973 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$243,973
Improvements Assessment
$0
Total Assessment
$243,973
zoning
| Zoning Code | None (None) |
| None (None) |
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