9300 Main StHouston, TX 77025

Property Details for 9300 Main St

Year built

2014

Construction

WOOD FRAME

Lot size

2.37 AC

Property size (Sq ft)

85,408 SF

Property type

Hospitality properties

Property subtype

Hotels

APN

1268040010002

APU

1268040010002

Description

This exceptional investment opportunity presents the Holiday Inn Express & Suites Houston Med Center, a recently renovated 146-key hotel ideally situated at 9300 S Main St, Houston, Texas, 77025, within Harris County. The property boasts a prime location, benefiting from its proximity to the Texas Medical Center, a major employment and tourism hub. No PIP (Property Improvement Plan) is required, making this a turnkey investment ready for immediate revenue generation. The hotel's recent renovations ensure modern amenities and updated facilities, attracting both business and leisure travelers. The precise details of the renovations are available upon request. This 146-key hotel offers a strong potential for return on investment due to its strategic location and the consistently high demand for accommodations in the Medical Center area. Financial information and detailed operational data are available for qualified investors. The property's strong performance history, coupled with its recent upgrades, positions it for continued success in the competitive Houston hospitality market. This is a rare opportunity to acquire a well-maintained, high-performing hotel in a thriving location. Further information, including marketing materials and investment highlights, can be obtained through the provided links.

• CAP approach

  CAP return

  Valuation

  6%

  $19,867,656

  6.5%

  $18,339,374

  7%

  $17,029,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,666,624

  Geo Method

  $60,090,208

• Alternative Use

  Use

  Valuation

  Residential

  $20,021,270

  Hospitality

  $18,339,374

  Educational

  $15,258,145

  Medical

  $15,782,896

  Retail

  $23,734,892

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.6842

Longitude

-95.4232

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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