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Executive Summary

Seller Finance Possible to Qualified Buyer Only .
Orbit Inn Hotel Overall Information.
26 Rooms rentable
1 Employees Room (currently staying)
1 Out of order room( need box spring little small work)
3 Bed rooms Owner’s apartment.
1 bedroom plus kitchen employee apartment ready to go.
2 Employee apartment need cleaning and small stuff and ready to go.
2 storage room can be convert into guest room.
Brand new toilet in rooms.
Rooms has old furniture and old paint.

Property Facts

Price $1,914,779 CAD
Price Per Room $54,708 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.39 AC
Building Size 14,218 SF
No. Rooms 35
No. Stories 2
Year Built 1979
Corridor Exterior
Opportunity Zone Yes
Zoning C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 35 $68.38 CAD -
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0710290110318
  • 0710300120338
Land Assessment
$480,334 CAD
Improvements Assessment
$870,664 CAD
Total Assessment
$1,350,999 CAD
  • Listing ID: 35165671

  • Date on Market: 2024-05-16

  • Last Updated:

  • Address: 9202 Homestead Rd, Houston, TX 77016

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