The Comfort Suites is a 59 all suites room, limited service, interior corridor hotel located in Houston MSA in Texas. The three-story hotel was built in 2007 using stucco exterior, and pitched shingle/clay roof. The hotel features large spacious guest suites, consistent with the Comfort Suites franchise, with small living area adjacent to beds with a sleeper sofa and table and a seasonal outdoor pool. According to CoStar, hospitality transaction volume is starting to pick up in Houston. The Houston metropolitan area is the 5th largest in the U.S., in terms of population, and consistently ranks among the top metros for job growth.

The hotel is close to the Houston Zoo, University of Houston, Space Center Houston, Moody Gardens, Children’s Museum of Houston, and Kemah Boardwalk. Hobby airport is few minutes away from the hotel.

The owner is absentee and does not have a Sales Manager in place. The property has strong upside potential for a new owner that can drive sales even further with a dedicated Sales Manager and can manage costs more efficiently than under previous management

The hotel is in a great condition however will require a full PIP. Considering the hotel is already doing a high occupancy, the PIP will allow the new buyer to greatly increase the hotels ADR and hence Profitability

This 59-room hotel offers the chance to acquire an opportunistic asset within the coveted Houston MSA at a price well below replacement cost

The recent uptick in the rate of vaccination distribution is a promising sign for the return of travel. Historically, 6 in 10 hotel rooms sold in Houston were filled with business and convention travelers, and the rest were leisure visitors. Hobby airport is 10 minutes from the hotel

Hobby airport is a choice for many business travelers because of its proximity to downtown Houston and the availability of low-cost flights to many United States destinations. It is a key airport in Southwest Airlines’ route system