Orbit INN 9202 Homestead Rd
35 Room Hotel Houston, TX 77016 $2,200,000 ($62,857/Room)
EXECUTIVE SUMMARY
Seller Finance Possible to Qualified Buyer Only .
Orbit Inn Hotel Overall Information.
26 Rooms rentable
1 Employees Room (currently staying)
1 Out of order room( need box spring little small work)
3 Bed rooms Owner’s apartment.
1 bedroom plus kitchen employee apartment ready to go.
2 Employee apartment need cleaning and small stuff and ready to go.
2 storage room can be convert into guest room.
Brand new toilet in rooms.
Rooms has old furniture and old paint.
Orbit Inn Hotel Overall Information.
26 Rooms rentable
1 Employees Room (currently staying)
1 Out of order room( need box spring little small work)
3 Bed rooms Owner’s apartment.
1 bedroom plus kitchen employee apartment ready to go.
2 Employee apartment need cleaning and small stuff and ready to go.
2 storage room can be convert into guest room.
Brand new toilet in rooms.
Rooms has old furniture and old paint.
PROPERTY FACTS
| Price | $2,200,000 |
| Price Per Room | $62,857 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 14,218 SF |
| No. Rooms | 35 |
| No. Stories | 2 |
| Year Built | 1979 |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 35 | $50.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $311,547 | |
| Land Assessment | $230,280 | Total Assessment | $541,827 |
ZONING
| Zoning Code | C2 (N/A) |
