| The 58-key count is considered an ideal size for an experienced owner/operator. |
| Before COVID-19, from 2014-2019, the Hotel averaged $1,134,912 in annual revenue, showing strong potential for new investors. |
| Rooms revenue rose from $844,814 in 2022 to $974,657 in 2023 (15.38% increase). Year-to-date April 2024 shows a 21.65% increase over last year. |
| Current ownership recently renovated the Property, including the public areas and guestrooms, at a cost of $400,000, or $6,900 per key. |
| This opportunity presents an investor with the ability to acquire the Property at a price well below replacement cost at $75,862 per key. |
| Near NASA, Baybrook Mall, Kemah Boardwalk, and UH-Clear Lake, the Hotel attracts business & leisure travelers with nearby dining and entertainment. |
Andrew Frosch
HVS
