5007 Highway 6, Missouri City, TX 77459
84 Room Hotel | Missouri City, TX 77459 | $10,900,000 ($129,762/Room)
For Sale
Active
Asking Price $10,900,000
- Property Type
-
Hospitality
- Square Feet
- 10,000 SF
Listing Contacts
David Awad
Property Overview
The property opened in 2018, offering modern amenities and comfort. The property presents an attractive investment opportunity. Situated amidst the ongoing development of Missouri City Business Park and Stafford Business Park, as well as the residential expansion of Sienna Plantation. The hotel benefits from the growing local economy and population influx. Furthermore, its impressive 4.7 rating on the IHG website reflects guest satisfaction and underscores its appeal as a preferred accommodation choice in the area.
Property Details
- Class
- B
- Year Built
- 2018
- Stories
- 4
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 104,544 SF
- Units
- 84
Highlights
- New construction Holiday Inn Express & Suites, opened in 2018.
- Prime opportunity to penetrate the thriving market of Missouri City – Sugar Land area within the Houston Metro
- Strategically situated along State Highway 6 in close proximity to Sugar Land Town Center
- Conveniently located minutes away from key establishments such as Minutemaid Headquarters, Schlumberger, Ecolab, Sugar Land Town Center, and Stafford
- Strong barrier to entry market due to Sugar Land's stringent restrictions on limited-service hotel development
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