Comfort Suites IAH Beltway 8
Seller Financing Available
1350 N Sam Houston Pky E, Houston, TX, 77032
$4,600,000
Price
72
Total Rooms
 
 
$63,889
Price Per Key
50,114
Building SF
 
 

Executive Overview
  • 72-suite, upper-midscale hotel built 2008; three interior-corridor floors on 3.5 acres less than 10 minutes from George Bush Intercontinental Airport
  • Recent cap-ex: exterior façade, rooflines, parking lot, and LED lighting completed 2024 to Choice Hotels brand standards.
  • FY-2024 net room revenue (post-tax) was $1.27MM, per owner’s P&L; gross room revenue was $1.42MM. PMS/STR extract shows $1.20MM of total room revenue and 65% occupancy, validating performance.
  • Hotel generated $549k NOI in 2024 - 37% margin
  • Seller financing available for qualified buyers—contact broker for terms.
Airport & Transport Connectivity
  • 5.2mi / 8 min to George Bush Intercontinental Airport (IAH) via JFK Blvd—ideal for airline crews, corporate transients, and park-and-fly guests.
  • Direct frontage on Sam Houston Tollway (Beltway 8) with quick ramps to Hardy Toll Rd, I-45, and US-59, placing Downtown Houston, The Woodlands, and Port Houston within a 25-minute drive.
Corporate & Industrial Demand Cluster
  • 56,707 daytime employees within three miles anchored by airline operations, third-party logistics, and oil-field service yards.
  • The hotel lies inside a federally designated Opportunity Zone, enabling significant capital-gains tax benefits for qualified investors.
Submarket Fundamentals
  • George Bush Airport Area 12-month occupancy 67.2% and ADR $94.28, with 18.4% YoY RevPAR growth—demonstrating robust, recession-resilient demand.
  • Only 112 rooms (<1% of existing stock) are currently under construction in the entire submarket, limiting new-supply risk.
FOR MORE DETAILS CONTACT
Rorik Seth
Principal & Managing Broker
(281) 968-5019
rorik@sethequities.com
Lic: 649869