Humble Hospitality for Sale - Greenspoint/IAH
Minimal Near-Term Capital Requirements: Extensive recent renovations and ownership reports normal ongoing maintenance only.
Economy-Branded Hotel: A 32-room Americas Best Value Inn & Suites located on 0.91 acres with 32 parking spaces.
Airport-Oriented Hospitality Asset: Located less than five miles from George Bush Intercontinental Airport (IAH), and benefits from contracts with United Airlines, American Airlines, Delta Air Lines, Air Canada, and Frontier Airlines Crew Business.
Recently Improved Property: Significant capital improvements completed with no major PIP expected at sale.
Strong Healthcare Demand Drivers: Near Memorial Hermann Northeast Hospital, Kingwood Medical Center, HCA Houston Healthcare Northwest, and Tops Surgical Specialty Hospital.
Leisure and Tourism Demand: Near Space Center Houston, Galveston Cruise Port, Houston Interactive Aquarium, and regional attractions.
Meeting Space and Food & Beverage Offering: Amenities support small groups, corporate travelers, and extended-stay guests.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the America's Best Value Inn & Suites Bush Intl Airport (‘Hotel’ or ‘Property’) located at 18031 McKay Drive in Humble, Texas. The Sonesta-branded Hotel is offered at $2,695,000.
Situated on approximately 39,788 square feet, the Property features 32 guest rooms across two stories totaling approximately 17,763 square feet. Originally constructed in 2006, the Hotel offers a variety of amenities designed to serve both business and leisure travelers, including food and beverage service, meeting space, complimentary Wi-Fi, and a 24-hour airport shuttle. The Property also benefits from 32 parking spaces, long-term parking capabilities, and interior corridor access. Significant capital improvements have recently been completed, including new guest room furniture, metal box springs, interior guest room and corridor painting, flooring upgrades, boiler replacement, new ice and soda machines, HVAC air handler and compressor upgrades, RFID door locks, exterior signage improvements, parking lot striping, recessed lighting, and security camera installation. Ownership reports that no major PIP is expected at sale, creating a favorable transition opportunity for a new owner.
The Property benefits from an exceptional location less than five miles from George Bush Intercontinental Airport (IAH), one of the busiest airports in the United States. Additionally, the hotel maintains airline lodging contracts with United Airlines, American Airlines, Delta Air Lines, Air Canada, and Frontier Airlines, providing a strong base of recurring demand. Additional healthcare-related lodging demand is generated by nearby facilities including Memorial Hermann Northeast Hospital, Kingwood Medical Center, Tops Surgical Specialty Hospital, and HCA Houston Healthcare Northwest. Corporate demand is supported by major employers such as Halliburton North Belt Campus and Weatherford International, while educational demand stems from nearby Lone Star College–North Harris. Leisure travelers are attracted to area destinations including Space Center Houston, the Galveston Cruise Port, Houston Interactive Aquarium & Animal Preserve, Jesse H. Jones Park & Nature Center, Mercer Botanic Gardens, Golf Club of Houston, and the National Museum of Funeral History. The Hotel also benefits from convenient access to Downtown Houston and the broader Houston metropolitan area.
Houston is the fifth-most populous metropolitan area in the United States, with a population exceeding 7.6 million residents. George Bush Intercontinental Airport serves as a critical international gateway, facilitating millions of annual passengers and supporting extensive corporate travel throughout the region. As a result, Humble's strategic location along the airport corridor continues to attract investment, commercial development, and population growth. The city also benefits from direct access to global markets via the Gulf of Mexico and the Port of Houston, one of the nation’s busiest export hubs. Historically anchored by energy production, Houston’s economy has diversified significantly, resulting in strong growth among the healthcare, biotechnology, nanotechnology, logistics, and advanced manufacturing sectors. The Texas Medical Center, the largest medical complex in the world, receives more than 150,000 patient visits daily and serves as a major employer and research center. Houston is also a leading destination for corporate relocations; supported by a business-friendly environment, no state income tax, and a cost of living below many peer metros. Approximately 24 Fortune 500 companies are headquartered in the region, underscoring Houston’s role as a national and international business center. With its strong airport positioning, recently completed capital improvements, established airline contracts, and diverse demand base, the Property offers investors an attractive hospitality investment opportunity within one of Texas’ strongest lodging markets.
