$2.5M invested in a full-scale, ongoing renovation
Upgraded interiors, exteriors, and guest amenities
Turnkey extended-stay hotel positioned for strong market performance
Strong Revenue Potential
Current STR data supports a RevPAR of $42, in line with the local market
Projected top-line revenue of $1.28M at market-average performance
A fully renovated asset is positioned to surpass $42 RevPAR
High NOI & Strong Flow-Through
Projected Net Operating Income (NOI) of $579K
45% NOI margin based on comparable economy extended-stay hotels
Efficient operational model designed for long-term profitability
Prime Extended-Stay Demand Drivers
Located in Alvin, TX – a strong market for workforce and long-term stay demand
Proximity to Houston Metro, refineries, and industrial hubs
Well-positioned for both transient and extended-stay guests
Attractive Investment Opportunity
Fully renovated, cash-flowing extended-stay asset
High-margin operational model with significant revenue upside
Opportunity for an investor to acquire a turn-key asset
Strategic Positioning in Alvin, Texas
Proximity to Houston: Located approximately 25 miles southeast of Houston, Alvin offers convenient access to the Houston-The Woodlands-Sugar Land metropolitan area, providing guests with suburban tranquility while remaining close to urban amenities.
Transportation Access: The city benefits from major highways such as Highway 6 and Highway 35, facilitating easy travel to and from Houston, Galveston, and surrounding regions.
Key Demand Generators
Industrial and Petrochemical Presence: Alvin's proximity to the petrochemical complexes in the Gulf Coast region attracts business travelers and contractors, contributing to a steady demand for extended-stay accommodations.
Educational Institutions: Alvin Community College serves over 5,000 students and employs a significant number of faculty and staff, generating consistent lodging needs for visiting academics, guest lecturers, and prospective students.
Healthcare Facilities: Nearby medical centers and clinics, including those in the greater Houston area, bring in patients and medical professionals requiring short-term stays.
Major Employers in the Area
Alvin Independent School District (ISD): One of the largest employers in the region, Alvin ISD employs over 3,000 educators and support staff, contributing to the local economy and creating lodging demand for training sessions, conferences, and visiting professionals.
Ascend Performance Materials: A leading chemical company with a significant presence in the area, providing employment opportunities and attracting business travelers.
Team Industrial Services: Specializing in industrial services, this company contributes to the local economy and requires accommodations for its workforce and visiting clients.
Local Attractions and Points of Interest
Bayou Wildlife Zoo: An 80-acre open-range zoo offering guided tram tours to see over 500 animals from 60 different species, providing family-friendly entertainment for guests.
Froberg's Farm: A popular destination for fresh produce and family activities, including seasonal strawberry picking and a country store with homemade goods.
Nolan Ryan Center: Dedicated to the Baseball Hall of Famer who grew up in Alvin, this museum offers exhibits on his career and contributions to the sport, appealing to sports enthusiasts.
Alvin Antique Center & Marketplace: A 55,000-square-foot venue housing a diverse collection of vintage items, collectibles, and artisan crafts, attracting visitors interested in antiques and unique finds.
Alvin Historical Museum: Operated by the Alvin Museum Society, this museum showcases the rich history of Alvin and its community, offering cultural insights for visitors.
