Hotel For Sale • 35,624 SF
| $2.5M invested in a full-scale, ongoing renovation |
| Upgraded interiors, exteriors, and guest amenities |
| Turnkey extended-stay hotel positioned for strong market performance |
| Projected Net Operating Income (NOI) of $579K |
| 45% NOI margin based on comparable economy extended-stay hotels |
| Located in Alvin, TX – a strong market for workforce and long-term stay demand |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| William P Hobby | 30 min | - | 16.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 106 |
| Type: | Surface |
| Included in Rent: | Yes |