9345 Highway 6Navasota, TX 77868

For Sale
$4,425,000

Profitable 54-Room Hotel near Texas A&M

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 54-room Comfort Inn & Suites hotel presents a lucrative investment opportunity. Built in 2009 and boasting a three-story structure with interior corridors, the property sits on a 2.87-acre lot (approximately 1 acre excluded from sale, with potential for purchase) in Navasota, Texas, just an hour from Houston. The hotel has consistently generated strong revenue, exceeding $1.1 million in the trailing twelve months ending August 2024, with a three-year average daily rate of $124. Its strategic location benefits from the proximity to Texas A&M University, the largest university in the U.S., attracting significant visitor traffic, especially during football season. The annual Texas Renaissance Festival, drawing over half a million attendees, also contributes to consistent occupancy. Additional local attractions include Navasota Medical Center and Rattler Stadium. The thriving market shows a 13.5% population growth over the past decade, promising continued strong performance. This turnkey operation offers a compelling return on investment in a rapidly growing area. The asking price is $4,425,000. All property visits are by appointment only. Please do not contact the hotel staff.

Highlights

  • 54-room Comfort Inn & Suites, three-story building with interior corridors.
  • Built in 2009, excellent condition.
  • Over $1.1M in revenue (trailing twelve months ending August 2024).
  • $124 average daily rate (three-year average).
  • Near Texas A&M University in College Station.
  • One hour from Houston.

Property Details for 9345 Highway 6

Property type
Other hospitality properties, Hotels
Year Built
2009
Buildings
1
Stories
3
Lot Size (sq. ft)
125,017 SF

Location Insight

City
Navasota
County
Grimes
State
Texas
Latitude
30.38979793217
Longitude
-96.066821046607
9345 Highway 6, Navasota, Texas

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9345 Highway 6
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