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Courtyard Houston Hobby Airport 9190 Gulf Fwy 153 Room Hotel Houston, TX 77017 For Sale
Investment Highlights
- This 153-key, Marriott-branded hotel investment boasts an outdoor pool, a fitness center, a convenience store, a meeting space, and a restaurant.
- Significant operational upside exists to bring ADR and RevPAR in line with the growing submarket average and increase profitability.
- Placed just off I-45 (200k daily vehicles) the hotel is under 2 miles from the Houston Hobby Airport, with more than 12 million annual passengers.
- Operations are supported by a large tourist population, which exceeded 54 million in 2024, with more than 70% of visitors staying overnight.
Executive Summary
•Excellent location near William P. Hobby Airport, a high-traffic regional hub undergoing a $250M expansion to boost capacity.
•Significant revenue growth potential: Projected to reach $4M PLUS annually after completing the required $25K per key PIP in 2025.
•Priced below replacement cost: $77K per key total investment offers a cost-effective entry to owning a Courtyard by Marriott.
•Houston’s thriving economy drives demand, with a strong corporate presence, including Fortune 500 HQs and industries like aerospace and energy.
•Long-term franchise value: Marriott Courtyard license extends until 2043, with a renewal opportunity for an additional 15–20 years.
•Significant revenue growth potential: Projected to reach $4M PLUS annually after completing the required $25K per key PIP in 2025.
•Priced below replacement cost: $77K per key total investment offers a cost-effective entry to owning a Courtyard by Marriott.
•Houston’s thriving economy drives demand, with a strong corporate presence, including Fortune 500 HQs and industries like aerospace and energy.
•Long-term franchise value: Marriott Courtyard license extends until 2043, with a renewal opportunity for an additional 15–20 years.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Property Facts
| Sale Type | Investment | No. Rooms | 153 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1995/2005 |
| Building Class | B | Tenancy | Single |
| Lot Size | 4.07 AC | Parking Ratio | 2.08/1,000 SF |
| Building Size | 74,371 SF | Corridor | Interior |
| Zoning | N/Ap, Houston | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.07 AC |
| Building Size | 74,371 SF |
| No. Rooms | 153 |
| No. Stories | 3 |
| Year Built/Renovated | 1995/2005 |
| Tenancy | Single |
| Parking Ratio | 2.08/1,000 SF |
| Corridor | Interior |
| Zoning | N/Ap, Houston |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $174.64 CAD | - |
| Guest Room | 147 | $154.18 CAD | - |
Property Taxes
| Parcel Number | 0342030020120 | Improvements Assessment | $7,286,347 CAD |
| Land Assessment | $2,423,642 CAD | Total Assessment | $9,709,988 CAD |
Property Taxes
Parcel Number
0342030020120
Land Assessment
$2,423,642 CAD
Improvements Assessment
$7,286,347 CAD
Total Assessment
$9,709,988 CAD
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Courtyard Houston Hobby Airport | 9190 Gulf Fwy
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