9345 Highway 6 Navasota, TX 77868
- Hospitality properties
- 2.87 lot acres
Current Use by Public Records
- Hospitality properties
Property Details for 9345 Highway 6
- Year built
- 2009
- Lot size
- 2.87 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Navasota
- County
- Grimes
- State
- Texas
- Longitude
- -96.0668
- Latitude
- 30.3898
