54-Room Airport-Area
New
For Sale
$3,700,000
18150 Mckay Dr # 54, Humble, TX 77338
Midscale, franchised three-story hotel with 54 rooms and interior corridors, positioned for access to George Bush Intercontinental Airport.
Property Size29,600 SF
Lot Size1.24 Acres
Price / SF$125
Days on Market5
Property Features for 18150 Mckay Dr # 54
General Information
Standard status
Active
Size
29,600 SF
Lot size
1.24 Acres
Property subtype
Other
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Building Size
29,626 SF
Year Built
2010
Stories
3
Listing Agency:
Seth Equities
(281) 968-5019
Listed By:
Rorik Seth · License #9015432
Source:
Commercialcafe
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 30 at 2:56AM
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 Seth Equities
Investment Insights
Based on property information with market context.
Sleep Inn & Suites – IAH East is a 54-room, midscale, franchised hotel originally opened in 2010. The property is housed in a three-story, interior-corridor design, offering approximately 29,600 square feet of gross building area on a 1.24-acre site.
The hotel is located in the Humble area and is described as being just minutes from George Bush Intercontinental Airport (IAH). It is positioned within the George Bush Airport hotel submarket, which the remarks describe as demand driven by airport passengers, airline crews, logistics activity, and nearby industrial and commercial employers.
Operated under the Choice Hotels International umbrella, the property benefits from brand affiliation with Sleep Inn within the Choice portfolio, supporting a consistent reservation and loyalty platform.
The hotel is located in the Humble area and is described as being just minutes from George Bush Intercontinental Airport (IAH). It is positioned within the George Bush Airport hotel submarket, which the remarks describe as demand driven by airport passengers, airline crews, logistics activity, and nearby industrial and commercial employers.
Operated under the Choice Hotels International umbrella, the property benefits from brand affiliation with Sleep Inn within the Choice portfolio, supporting a consistent reservation and loyalty platform.
Key Highlights
- Sleep Inn & Suites – IAH East is a 54‑room, midscale franchised hotel opened in 2010.
- Just minutes from George Bush Intercontinental Airport (IAH) in the Humble submarket of Houston.
- 3‑story interior‑corridor design with approx. 29,600 SF gross building area.
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $444.0k | $15.00 |
| − Vacancy | −$155.4k | −$5.25 |
| EGI | $288.6k | $9.75 |
| − OpEx | −$151.5k | −$5.12 |
| NOI | $137.1k | $4.63 |
29,600 SF · lease $15.00/SF/yr · vacancy 35.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.96M
$1.71M – $2.28M
NOI $137,085 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.08M
$7.07M – $9.43M
NOI $565,763 @ 7.0% cap · market cap 15.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
Business Placement
Demographics for 77338, TX
45,031
Population
17,667
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
87%
High-School Grad
26.0 sq mi
ZIP Area
1,732
Density / Sq Mi
$68,808
Median Household Income
$38,528
Median Earnings
$1,354
Median Rent
$222,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Midscale, franchised three-story hotel with 54 rooms and interior corridors, positioned for access to George Bush Intercontinental Airport.
Where is this hotel located?
The property is located at 18150 Mckay Dr # 54 Humble, TX.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Sleep Inn & Suites – IAH East is a 54‑room, midscale franchised hotel opened in 2010.; Just minutes from George Bush Intercontinental Airport (IAH) in the Humble submarket of Houston.; 3‑story interior‑corridor design with approx. 29,600 SF gross building area.
