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5222 I-10 East
Baytown, TX 77521
Quality Inn Baytown - Houston East · Hospitality Property For Sale · 23,781 SF
Investment Highlights
- Priced Below Replacement Cost at $51,639 per key
- Located less than 30 min from Downtown Houston with Prominent Highway Visibility off on I-10
- New Expansion Projects Continues in Baytown from Chevron Phillips Chemical Company LP & Phillips 66
- Three-Story, 61-Room, Midscale Hotel in Houston- Baytown- Sugar Land MSA
- Implementation of Improved Revenue Management Will Increase Overall Profitability
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 3 |
Property Subtype | Hotel | Year Built/Renovated | 1997/2001 |
Building Class | B | Parking Ratio | 2.69/1,000 SF |
Lot Size | 1.50 AC | Corridor | Interior |
Building Size | 23,781 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.50 AC |
Building Size | 23,781 SF |
No. Stories | 3 |
Year Built/Renovated | 1997/2001 |
Parking Ratio | 2.69/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
About 5222 I-10 East , Baytown, TX 77521
Property Overview: The Quality Inn Baytown – Houston East is a 61-room, Choice Hotels International, Inc.-branded property. Built in 1996 and recently renovated, the room amenities include a refrigerator, microwave, ?at-screen television, an ergonomic chair, and desk. The common areas feature an outdoor swimming pool, gazebo sitting area, bus and truck parking, and elevator(s). Location Overview: Baytown, Texas is located in the eastern part of the state on the gulf coast and part of the Houston metropolitan statistical area (MSA) which is the fourth largest city in the nation. The Quality Inn Baytown-Houston East is strategically positioned off a major thoroughfare on 5222 Interstate 10 East and nearby several market demand generators. The region is most noted as an oil and gas market that generates corporate traf?c to the region. In general, logistics businesses continue their growth in the city and development is in the works at the Cedar Port Industrial Park (13.5 miles). The port is the largest master-planned rail-and-barge-served industrial park in the United States that spans 15,000 acres. Floor and Décor Outlets announced in 2021 that they will build a 1.5 million-square-foot distribution center this year adding diversity to the region. Backline Cold Storage is also slated to build in the region which will make it one of the area’s largest cold storage warehouses providing a transit point for food producers exporting to the world market. Adding to the diverse industries will be soon Plastic Express, which will build an 800,000-square-foot rail-served facility for the distribution of heavy products. Educational institutions have a presence in the region as well including the San Jacinto College (16.6 miles) noted as one of the top ?ve community colleges in the nation and awarded over 6,700 credentials. The college hosts several scholastic events throughout the year, generating room demand. Leisure travelers are minutes from the San Jacinto Mall (0.5 miles), Pirates Bay Waterpark (2.2 miles), Outback Steakhouse (0.5 miles), El Toro Mexican Restaurant (1.4 miles), and several other restaurants and retail outlets.
Links
PROPERTY TAXES
Parcel Number | 0591500190122 | Improvements Assessment | $497,814 |
Land Assessment | $980,100 | Total Assessment | $1,477,914 |
PROPERTY TAXES
Learn More About Investing in Hospitality Properties
Listing ID: 23474585
Date on Market: 6/21/2021
Last Updated:
Address: 5222 I-10 East, Baytown, TX 77521
The Hospitality Property at 5222 I-10 East, Baytown, TX 77521 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.