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2440 Gulf Fwy
Texas City, TX 77591

$6,700,000 USD

Hotel For Sale  •  48,292 SF

Property Details

  • Property Type Hotel
  • Total Building Size 48,292 SF
  • Lot Size 1.33 AC
  • Building Class B
  • Year Built 2007
19 Transit Score
44 Walk Score

Highlights

Attractive Pricing Metrics: Offered below replacement cost at under $93,056 per key and a 3.86 RRM.
Turnkey Investment with Minimal PIP: Extensive renovations completed in 2019–2020 bring the asset into compliance with IHG standards.
Strong and Diverse Demand Drivers: Sustained occupancy from industrial, maritime, leisure travel, supported by proximity to petrochemical complexes
Prime Freeway Location: Positioned directly along I-45 (Gulf Freeway), providing direct connectivity between Houston and Galveston
Brand Strength and Market Performance: Holiday Inn Express & Suites, a flagship brand of IHG

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

AirportDriveWalkDistance
William P Hobby 37 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 73
Type: Surface
Included in Rent: Yes
Rajan Patel 713-452-4200 Marcus & Millichap
Rajan Patel 713-452-4200 Marcus & Millichap