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8850 Airport Blvd
Houston, TX 77061 Greater Hobby Area

$2,750,000 USD

Hotel For Sale  •  20,208 SF

Property Details

• Property Type Hotel
• Total Building Size 20,208 SF
• Lot Size 0.95 AC
• Building Class C
• Year Built 1988
• Cap Rate 13.74 %

30 Transit Score

39 Walk Score

Highlights

Travelodge by Wyndham Houston Hobby Airport is a 54-room motel in a high-demand area that offers a strong investment opportunity.

Guest rooms include flat-screen TVs, Wi-Fi, microwaves, mini-fridges, and modern decor for comfort and convenience.

Popular hotel amenities include a lobby, free breakfast, a 24-hour front desk, an outdoor pool, parking, and a guest laundry facility.

Recent upgrades to the building include refreshed interiors, exterior enhancements, and improved operational systems.

The hotel had a 77% occupancy rate and a $61 average daily rate in 2024, with strong revenue growth potential.

It is near Houston Hobby Airport, with easy access to I-45 and Beltway 8, and attracts steady air travelers and corporate guests.

Cap Rate:

13.74 %

Amenities

• Business Center
• Pool
• High Speed Internet Access
• Patio
• Public Access Wifi

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	11 min	-	3.4 mi
George Bush Intcntl/Houston	39 min	-	31.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes