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Investment Highlights

  • The property operates under the Hilton Homewood Suites extended-stay brand, providing guests with trusted service standards and amenities.
  • The hotel offers direct access to Sam Houston Parkway (Beltway 8) and is situated approximately five miles from George Bush Intercontinental Airport,
  • The asset presents significant upside through the Hilton PIP renovation program, operational enhancements, and repositioning strategies aimed at drivi
  • This 64-key all-suite hotel features fully equipped kitchens in every unit, catering to both business and leisure travelers seeking long-term accommod
  • Demand is anchored by a diverse base of airport, corporate, logistics, and energy-related business, supported by occupancy levels trending in the low-

Executive Summary

Seth Equities is pleased to present the Homewood Suites by Hilton Houston IAH Airport Beltway 8, a 64-key extended-stay hotel located in the Houston George Bush Intercontinental Airport (“IAH”) submarket.
The Property offers investors the opportunity to acquire a Hilton-branded asset with in-place cash flow, strong underlying demand fundamentals, and significant upside through operational improvements and planned renovations.
Strategically positioned approximately five miles from IAH Airport, the Hotel benefits from direct access to Sam Houston Parkway (Beltway 8), one of Houston’s primary transportation corridors connecting the Property to Interstate 45, the Hardy Toll Road, and major business districts throughout the metropolitan area. The surrounding area is supported by a diverse base of demand generators including airline operations, energy companies, logistics and distribution facilities, corporate offices, and airport-related business activity.
The Property operates under the Homewood Suites by Hilton flag, one of Hilton’s premier extended-stay brands. The Hotel features an all-suite configuration with fully equipped kitchens, separate living spaces, and amenities designed to accommodate extended-stay and corporate travelers. This product type has historically demonstrated operational stability through longer average lengths of stay, lower guest turnover costs, and more consistent occupancy levels relative to traditional select-service hotels.
Recent operating performance reflects positive momentum and a stable revenue base. The Property has generated approximately $600,000+ in room revenue year-to-date through April 2026, with recent monthly performance reflecting year-over-year growth trends. Occupancy levels are currently trending in the low-80% range, while ADR remains above $100, supporting a stable RevPAR profile and continued operational improvement potential.
Historical STR performance indicates strong ADR and RevPAR penetration relative to the competitive set, demonstrating the Property’s ability to command premium pricing within the market. Occupancy penetration has lagged in certain periods, creating an opportunity for new ownership to improve market share through enhanced revenue management, sales initiatives, and operational optimization.
Originally constructed in 2003, the Property presents a compelling value-add opportunity through the implementation of Hilton’s Property Improvement Plan (“PIP”), with renovation completion required by 2027. Planned improvements are expected to enhance the Hotel’s competitive positioning and support future ADR, occupancy, and RevPAR growth.
The Homewood Suites IAH represents an opportunity to acquire a Hilton-branded extended-stay hotel in one of Houston’s most established airport lodging corridors with stable in-place operations and a clearly defined path to value creation.

Property Facts

Price $8,863,790 CAD
Price Per Room $138,497 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.46 AC
Building Size 53,872 SF
No. Rooms 64
No. Stories 3
Year Built/Renovated 2003/2019
Parking Ratio 0.99/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Digital key

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 64 $151.37 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
1147240000026
Land Assessment
$1,167,784 CAD
Improvements Assessment
$5,793,347 CAD
Total Assessment
$6,961,131 CAD
  • Listing ID: 40443420

  • Date on Market: 2026-05-07

  • Last Updated:

  • Address: 1340 N Sam Houston Pky E, Houston, TX 77032

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