Property profile

9345 Highway 6 Navasota, TX 77868

OFF-MARKET
Hospitality properties
2.87 ac lot Built 2009
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hospitality properties
Year built 2009
Lot 2.87 ac (125,017 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9345 Highway 6 Navasota, TX 77868
Navasota metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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