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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31514813

8850 Airport Blvd, Houston, TX 77061 For Sale

Theophanes Gaitanaros
Listed by Theophanes Gaitanaros
$2,650,000
109 days on market
Updated 15 days ago

Travelodge Hobby Airport (Houston) (Seller Financing Avail)

Details
Property Type Hospitality
Sub Type Hotel, Motel
Units 56
Occupancy 65%
Brand/Tenant Wyndham, Travelodge
Broker Co-Op Yes
Year Built 1988
Buildings 1
Stories 3
Acreage 0.950
Ownership Fee Simple

Hospitality | 56 Keys | $47,321/key

Marketing description

The Travelodge Houston – Hobby Airport offers investors the opportunity to acquire a historically strong-performing asset at a discounted basis due to a temporary decline in 2025 operations. While trailing revenue reflects $561,000, the Property has achieved a three-year average of $757,942, supported by a normalized $647,000 performance in 2023 and a peak of over $1.03M during elevated demand conditions in 2024 due to FEMA.

This range of performance provides investors with a clear understanding of downside protection, stabilized operations, and upside potential. By reverting operations to historical norms, a buyer can unlock significant revenue growth without the need for major capital investment, positioning the asset for both immediate cash flow improvement and long-term value appreciation.

Investment highlights

  • AQUIRE BELOW STABILIZED PERFORMANCE AND BELOW REPLACEMENT COST.
  • 3 YEAR AVG REVENUE: $757,942
  • 2025 REVENUE: $561K (TEMPORARY DECLINE)
  • 2024 REVENUE: $1.037M (FEMA YEAR)
  • 2022 REVENUE:
  • 2020 REVENUE: $553K REVENUE
  • 35% UPSIDE TO STABILIZED OPERATIONS
  • DEFINED REVENUE RANGE REDUCES RISK

DOWNSIDE (2025): $561K

NORMALIZED (2022-2023): $647K-$736K

UPSIDE (2024): $1.03M

  • REVERSION-TO-MEAN OPPORTUNITY
  • $86K UPSIDE TO NORMALIZED YEAR
  • $196K UPSIDE TO 3 YEAR AVERAGE
  • ACHIEVABLE THROUGH OPERATIONAL STABILIZATION.
  • EFFICIENT 56-ROOM ASSET.
  • IDEAL FOR OWNER-OPERATOR.

Listing Contacts

Theophanes Gaitanaros
Listed by Theophanes Gaitanaros

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