Current Use by Public Records
- Christ Embassy Missouri City / Church
- Changing a generation full gospel baptist church international / Association / Organization
- Yeluh Hospitality / Business Administration Service
- Buckees / Gas Station
- Holiday Inn Express & Suites Sugar Land SE - Missouri City, an IHG Hotel / Hotel & Motel
Property Details for 5007 Highway 6
- Year built
- 2018
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 84-key Holiday Inn Express & Suites hotel presents a compelling investment opportunity. Built in 2018, this four-story, 10,000-square-foot property boasts a current occupancy rate of 76.43% and a strong 4.7 rating on the IHG website, reflecting high guest satisfaction. Strategically located at 5007 Hwy 6 in Missouri City, Texas (zip code 77459), within Fort Bend County, this hotel benefits from its proximity to major employers including Minute Maid Headquarters, Schlumberger, and Ecolab, as well as the Sugar Land Town Center and Stafford Business Park. The property's location within the rapidly developing Missouri City and Sugar Land area, alongside the residential expansion of Sienna Plantation, ensures a consistent stream of both business and leisure travelers. The strong barrier to entry, due to Sugar Land's limited-service hotel development restrictions, further enhances the investment potential. This newly constructed hotel offers modern amenities and comfort, making it a preferred accommodation choice in a thriving market. The asking price for this turnkey operation is $10,900,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Missouri City
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.576
- Latitude
- 29.5777
