Listed by Theophanes Gaitanaros
Unpriced
The Howard Johnson/Travdlodge portfolio deal
Details
Property Type Hospitality
Sub Type Hotel, Travdlodge
Year Built 1988
Hospitality
Marketing description
This Portfolio offers investors the rare ability to acquire two co-located hotel assets with shared infrastructure and flexible financing, creating scale, efficiency, and upside typically unavailable at this price point.
Investment highlights
- Strong Historical Revenue Performance
- 3-Year Average Revenue: ~$1,415,000
- 2024 Revenue (FEMA Year): ~$1,955,000
- 2025 Revenue (Slower Year): ~$1,100,000
- Demonstrates resilient baseline with proven upside ceiling
- Flexible Acquisition Structure (Highly Attractive)
- Seller Financing Available
- Ideal for investors with ~$3M purchasing capacity
- Significantly increases buying power and return potential
- Two Assets – One Location (Operational Synergy)
- Travelodge and Howard Johnson located on adjacent parcels sharing a parking lot
- Ability to streamline operations, staffing, and management
- Creates efficiencies not available in typical single-asset acquisitions
- Wyndham approved for 1 lobby/checkin for both hotels.
- Recession-Resistant & Resilient Demand Profile
- Maintained ~$1.1M revenue during one of the slowest recent years (2025)
- Benefits from:
- Airport-driven demand
- Workforce / extended-stay occupancy
- Budget-conscious travelers
- 3 Year Average Revenue (2022-2025): $1,425,000
- 3 Year Average NOI $734,640
- 2025 Revenue (Slow) $1,162,161
- 2025 NOI $560,549
- 2025 RevPAR $32.31
- Rooms 56 & 64
- $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
- Demonstrated Revenue Upside (FEMA Year):
- 2024 Revenue :~ $1.955M
- Validates the Property's ability to:
- Achieve strong occupancy
- Capture elevated ADR during demand surges
- 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): $460K NOI
- Stabilized Case (3-Year Avg): $728K NOI
- Upside Case (2024): $1.15M NOI
- Provides investors with clear visibility across performance scenarios
- Demonstrated NOI Upside (FEMA Year):
- 2024 NOI: $1,148,000
- Validates the Portfolio's ability to:
- Generate significant cash flow under elevated demand
- Scale operations efficiently across both assets
- Strategic Airport-Oriented Location
- Located near William P. Hobby Airport, one of Houston’s primary commercial airports
- Serves domestic and international routes with strong passenger volume and consistent travel demand
- Positioned to capture airport-related transient, airline crew, and layover traffic
- Hobby Airport operates flights to dozens of destinations and serves as a major hub for low-cost carriers
- Strong Demand Drivers from Houston Metro
- Houston is one of the largest U.S. metros with a diverse economic base including:
- Energy (oil & gas)
- Aerospace & aviation
- Medical & healthcare
- Port and logistics industries
- These sectors generate consistent business travel and extended-stay demand
- Located in High-Traffic Southeast Houston Corridor
- Immediate access to major transportation routes connecting:
- Downtown Houston
- Port of Houston
- Industrial employment hubs
- Benefits from steady workforce and contractor demand in surrounding submarkets
- Houston Tourism & Travel Growth
- Houston welcomed approximately 54 million visitors in 2024, driving record hotel demand and revenue growth
- Hotel revenues increased significantly, supported by:
- Events
- Corporate travel
- Leisure tourism
- Airport Accessibility & Connectivity
- Located approximately 7 miles from Downtown Houston
- Easy access to:
- Major employment centers
- Entertainment districts
- Convention and event venues
- Positioned to benefit from both urban and airport-driven demand
- Consistent Budget & Extended-Stay
- Demand Profile
- Area supports strong demand for:
- Economy lodging
- Workforce housing
- Extended-stay guests
- Ideal positioning for limited-service hotel operators
Listing Contacts
Listed by Theophanes Gaitanaros
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
