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This Hospitality Property is no longer advertised on LoopNet.com.

8776 Airport Blvd
Houston, TX 77061

Strong Cash Flow | La Quinta Inn & Suites · Hospitality Property For Sale · 36,000 SF

Investment Highlights

  • La Quinta Inn & Suites Houston Hobby Airport hotel is a 73-room, upper-midscale hotel within 1.1 miles of William P. Hobby Airport.
  • Amenities include a free continental breakfast, a pool and hot tub and much more.
  • This property offers investors an upside through a reduction in hotel operational expenses and revenue upside by completing the PIP.
  • Hotel guests enjoy free shuttle services to and from the airport, which reported to fly over 5.5M passengers in 2021.
  • As a 2022 Best of La Quinta Award" winner, the highly rated hotel is a below-replacement cost investment opportunity with major upside potential.
  • La Quinta Inn and Suites Houston Hobby Airport is offered fee simple and unencumbered by management contracts or existing debt.

PROPERTY FACTS

Sale Conditions Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.08 AC
Building Size 36,000 SF
No. Stories 3
Year Built 2007
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0342030010321
  • 0342030010322
  • 0342030010320
Land Assessment
$169,886
Improvements Assessment
$0
Total Assessment
$169,886

zoning

Zoning Code None (None)
None (None)
  • Listing ID: 28022160

  • Date on Market: 3/20/2023

  • Last Updated:

  • Address: 8776 Airport Blvd, Houston, TX 77061

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