Interior Corridor Hotel with Outdoor
For Sale
Contact for pricing
12701 North Fwy, Houston, TX 77060
Four-story, interior-corridor hotel with 104 rooms and an outdoor pool and meeting space.
Property SizeContact for details
Days on Market119
Property Features for 12701 North Fwy
General Information
Standard status
Active
Property subtype
Hospitality
Financials
Cap Rate
13.9%
Business Included
Yes
Additional Details
Highway Access
Yes
Amenities
business center
outdoor pool
conference services
exercise facility
meeting space
Building Details
Year Built
1996
Year Renovated
2018
Stories
4
Listing Agency:
HVS
(972) 755-5302
Listed By:
Andrew Frosch · License #TX 617531
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 11:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HVS
Investment Insights
Based on property information with market context.
The OYO Townhouse Houston is a four-story, interior-corridor, limited-service economy hotel with 104 rooms. The property was originally constructed in 1996 and was recently renovated, with newly flagged status reported in April 2018. Guest accommodations include flat-screen televisions, and the hotel also offers an outdoor pool, exercise facility, business center, and meeting space.
Located at 12701 North Fwy in Houston, the hotel provides visibility for transient business traffic tied to Interstate 45 and is reported to be about 8 miles from George Bush Intercontinental Airport (IAH). The listing notes ongoing and planned airport and local business park activity, including the planned demolition and redevelopment of IAH Terminal D and the completion of Terminal E. The Pinto Business Park is described as a nearby campus (about 2.2 miles) that includes an Amazon fulfillment center under construction, which is expected to support additional room demand to the region.
Located at 12701 North Fwy in Houston, the hotel provides visibility for transient business traffic tied to Interstate 45 and is reported to be about 8 miles from George Bush Intercontinental Airport (IAH). The listing notes ongoing and planned airport and local business park activity, including the planned demolition and redevelopment of IAH Terminal D and the completion of Terminal E. The Pinto Business Park is described as a nearby campus (about 2.2 miles) that includes an Amazon fulfillment center under construction, which is expected to support additional room demand to the region.
Key Highlights
- 104‑room, four‑story interior‑corridor hotel at 12701 North Freeway
- Newly flagged in April 2018; originally constructed in 1996
- Projected stabilized revenues exceed $900,000 with net operating income of $312,198 (about 33.6% of gross revenue)
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,057
Businesses Nearby
Explore this area
Business Placement
Demographics for 77060, TX
42,707
Population
16,660
Households
2.6
Avg Household Size
29
Median Age
7%
College-Educated
55%
High-School Grad
8.1 sq mi
ZIP Area
5,272
Density / Sq Mi
$37,843
Median Household Income
$26,278
Median Earnings
$1,024
Median Rent
$144,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Four-story, interior-corridor hotel with 104 rooms and an outdoor pool and meeting space.
Where is this hotel located?
The property is located at 12701 North Fwy Houston, TX.
What are key features of this property?
This property features: 104‑room, four‑story interior‑corridor hotel at 12701 North Freeway; Newly flagged in April 2018; originally constructed in 1996; Projected stabilized revenues exceed $900,000 with net operating income of $312,198 (about 33.6% of gross revenue)
