Howard Johnson/Travelodge Hobby Airport Portfolio (Houston, TX-Seller Finance)
Seller Finance Travelodge and Howard Johnson Hobby Airport (Houston, TX)
Marketing description
TG Commercial Group is pleased to present the exclusive listing for the Travelodge & Howard Johnson Hobby Airport Portfolio located in Houston, Texas. This rare opportunity offers investors the ability to acquire two adjacent Wyndham-branded hospitality assets strategically positioned just minutes from William P. Hobby Airport and major Houston demand drivers.
The portfolio presents a strong in-place cash flowing investment with substantial upside tied to continued strengthening in the Houston airport hospitality market. With direct access to I-45, the properties benefit from consistent demand generated by airport travelers, airline personnel, contractors, industrial users, Port of Houston activity, nearby refineries, medical-related travel, and leisure guests visiting the Houston metro.
The adjacent configuration creates operational efficiencies through shared staffing, maintenance, and management infrastructure, making the portfolio especially attractive for an owner-operator seeking immediate scale and enhanced cash flow potential.
Additionally, seller carry financing is available, providing investors with a unique opportunity to structure favorable acquisition terms while maximizing returns.
This offering represents an attractive opportunity to acquire a scalable airport hospitality platform at a basis below replacement cost in one of Texas’ strongest long-term growth markets.
Investment highlights
- Rare opportunity to acquire two adjacent airport hospitality assets near Houston Hobby Airport with strong in-place cash flow and immediate operational scale.
- Ideal owner-operator opportunity with significant upside tied to continued strengthening in the Houston hospitality market and airport demand growth.
- Strategically located minutes from Hobby Airport with direct access to I-45, Downtown Houston, Pasadena industrial corridor, Port of Houston, and major employment centers.
- Existing cash flow provides immediate yield while allowing investors to capitalize on future ADR and occupancy growth as market conditions continue improving.
- Dual-property setup creates operational efficiencies through shared staffing, maintenance, and management infrastructure.
- Institutional Wyndham-affiliated brands provide national reservation systems, loyalty program exposure, and established customer recognition.
- Seller carry financing available, creating a unique opportunity for buyers to maximize leverage and enhance returns.
- Attractive basis below replacement cost in a market where new hotel development remains challenging due to elevated construction and financing costs.
- Flexible investment strategy suitable for owner-operators, hospitality groups, or investors seeking stable airport-driven cash flow with long-term appreciation potential.
- $1,415,000 (3-year Average Revenue)
- 2025 Revenue: $1,162,161. (Slow Year)
- 2024 Revenue: $1,955,236 (Fema-driven Demand Spike)
- 2023 Revenue: $1,228,468 (Normalized Operations)
- Stabilized Revenue Well Above Current Performance
- The Property’s 3-year Average Revenue Of $1.415m Demonstrates Materially Stronger Performance Than the Current Trailing 2025 Revenue of $1.06m
- Represents a ~35% Increase Over 2025 Performance
- Highlights True Stabilized Earning Potential
- Two Co-Located Assets with Operational Synergy:-
- Travelodge and Howard Johnson located on adjacent parcels sharing a parking lot
- Ability to consolidate staffing, management, and operations
- Creates efficiencies and cost savings not available in single-asset acquisitions
- Flexible Acquisition Structure Enhances Buying Power:-
- Acquire one asset with conventional bank financing
- Second asset available through seller financing
- Ideal for investors with ~$3M purchasing capacity
- Ability to control two assets with reduced upfront equity requirement
- Strong Historical Revenue with Proven Stability:-
- 3-Year Average Revenue: ~$1,415,000
- 2025 Revenue (Down Year): ~$1,100,000
- Demonstrates resilient baseline performance even in slower market conditions
- Clear Revenue Bands Reduce Investment Risk:-
- Downside Case (2025): ~$1.1M
- Stabilized Case (3-Year Avg): ~$1.415M
- Upside Case (2024): ~$2.0M
- Provides investors with clear visibility across performance scenarios
- Strong Historical NOI with Proven Cash Flow Stability:-
- 3-Year Average NOI: $728,000
- 2023 NOI (Normalized): $576,000
- 2025 NOI (Down Year): $460,000
- Demonstrates durable cash flow even during slower operating periods
- Clear NOI Range Reduces Investment Risk:-
- Downside Case (2025): $460Κ ΝΟΙ
- Stabilized Case (3-Year Avg): $728Κ ΝΟΙ
- Upside Case (2024): $1.15Μ ΝΟΙ
- Provides investors with clear visibility across performance scenarios
- Demonstrated Revenue Upside (FEMA Year):-
- 2024 Revenue: ~$1.955M
- Validates the Property's ability to: Achieve strong occupancy; Capture elevated ADR during demand surges
- Demonstrated NOI Upside (FEMA Year):-
- 2024 ΝΟΙ: $1,148,000
- Validates the Portfolio's ability to: Generate significant cash flow under elevated demand; Scale operations efficiently across both assets
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