Hotel Investment Opportunity in Houston, TX
Hilton Home2 Suites + Holiday Inn Express
We are very excited to share an opportunity to partner in a two-hotel portfolio that we are aquiring.
Hotels High Level Summary
Size 86 + 84 rooms
Year of Construction 2019 & 2011
Location Houston (Pearland) Texas
Why these hotels?
- Hotels cash flow much better than many other asset classes including multi-family.
- Difficult to increase supply of hotel rooms in Pearland by building new hotels because of the lengthy permitting process and high replacement costs.
- Affluent customer demographic.
- Prepaid business – no delinquency/evictions.•Global marketing done by Franchisor brands.
- Large Hotel loyalty programs bring reservations.
- Design/decor done by best-in-class designers.
- Value-add opportunity with existing cash flowing hotels.
- Transparency of revenues as reported to various agencies. Rich data available for comparison with competitors for continual adjustment for sales/pricing.
- Qualified sponsors with extensive experience in managing projects, operations, construction, vendors, upgrades, revenue management (dynamic pricing), hospitality, finance.
- Urban, high-traffic location with multiple year-round demand drivers like NRG Center and Texas Medical Center.
- Sponsors and deal qualified by global hotel brands, lenders.
- Vertically integrated hotel management for optimizing operations.
SD IRA, Solo 401k retirement funds can also be invested.
Please feel free to share the deal with your contacts. We are always grateful for referrals.
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