- Two-Story, 58-Room, Limited-Service Hotel within the Houston Houston–Woodlands-Sugar Land Metropolitan Statistical Area, the 5th largest MSA in the U.S.
- On-Site 1 Bedroom, 2 Bathroom Manager's Apartment
- Priced Below Replacement Cost at $52,586 Per Key
- Less than 14 Miles from Texas’s Second Largest Air Facility – the George Bush Intercontinental Airport
- Easily Accessible and Highly Visible at the Busiest Intersection in Bammel
- Twelve-Month December Submarket RevPAR Growth of 34.5 Percent Year-Over-Year
Investment Overview
As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Motel 6 Houston -Bammel (‘Hotel’ or ‘Property’). The G6 Hospitality-branded Hotel is offered at $3,050,000 or $52,586 per key.
The Motel 6 Houston - Bammel is a 58-room, 2-story Hotel stationed at 15725 Bammel Village Drive, at the intersection of FM 1960 and Kuykendahl Road, near Interstate 45. This Hotel features vending machines and guest laundry facilities. Guest rooms offer a flat-screen television, microwave, mini-fridge, and work desk.
Bammel is an unincorporated community in Harris County, Texas about 18 miles north of downtown Houston. This Hotel benefits from many key industries that make up Houston’s economy such as energy, aeronautics, entertainment, and technology. Nearby businesses include ExxonMobil Corp (10.1 miles), Southwestern Energy (9.4 miles), Schlumberger (25.9 miles), United Airlines (12.9 miles), and Bammel’s underground Gas Storage Facility (0.7 miles). The George Bush Intercontinental Airport, Texas’s second-largest air facility, helps facilitate room demand and is located less than 14 miles from the Hotel.
The Motel 6 Houston – Bammel resides in the George Bush Airport Area submarket, which has seen a sharp increase in twelve-month December RevPAR, improving 34.5 percent year-over-year. In the overall Houston hospitality market, RevPAR climbed at an even greater rate of 45.4 percent over the same timeframe. This offering presents an opportunity for a potential investor to acquire a well-positioned Hotel, at a discount to replacement cost, with an upward trending RevPAR that should increase the overall value of the Hotel.
