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Holiday Inn Express & Suites Sugar Land SE 5007 Highway 6 84 Room Hotel Missouri City, TX 77459 $10,900,000 ($129,762/Room)
INVESTMENT HIGHLIGHTS
- New construction Holiday Inn Express & Suites, opened in 2018.
- Strategically situated along State Highway 6 in close proximity to Sugar Land Town Center
- Strong barrier to entry market due to Sugar Land's stringent restrictions on limited-service hotel development
- Prime opportunity to penetrate the thriving market of Missouri City – Sugar Land area within the Houston Metro
- Conveniently located minutes away from key establishments such as Minutemaid Headquarters, Schlumberger, Ecolab, Sugar Land Town Center, and Stafford
EXECUTIVE SUMMARY
The property opened in 2018, offering modern amenities and comfort. The property presents an attractive investment opportunity. Situated amidst the ongoing development of Missouri City Business Park and Stafford Business Park, as well as the residential expansion of Sienna Plantation. The hotel benefits from the growing local economy and population influx. Furthermore, its impressive 4.7 rating on the IHG website reflects guest satisfaction and underscores its appeal as a preferred accommodation choice in the area.
PROPERTY FACTS
| Price | $10,900,000 | Building Size | 47,122 SF |
| Price Per Room | $129,762 | No. Rooms | 84 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 2018 |
| Property Subtype | Hotel | Parking Ratio | 1.89/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.40 AC | Zoning | F1 |
| Price | $10,900,000 |
| Price Per Room | $129,762 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.40 AC |
| Building Size | 47,122 SF |
| No. Rooms | 84 |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 1.89/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 18 | $141.00 | - |
| Guest Room | 66 | $129.00 | - |
PROPERTY TAXES
| Parcel Number | 0089-00-000-2083-907 | Improvements Assessment | $2,610,101 |
| Land Assessment | $1,062,939 | Total Assessment | $3,673,040 |
PROPERTY TAXES
Parcel Number
0089-00-000-2083-907
Land Assessment
$1,062,939
Improvements Assessment
$2,610,101
Total Assessment
$3,673,040
MAP
ADDITIONAL PHOTOS
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