Park Inn by Radisson Houston IAH Airport

Location: Houston, TX
Price: $7,300,000
Rooms: 220
Lot Size: 5.3 acres
Year Built: 1979

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  • The Park Inn by Radisson is located in proper Houston TX. The Hotel is on Beltway 8 between Interstate 45 and the Hardy Toll Rd.
  • The Hotel is a 220 room, interior corridor, two story, limited-service, poured in place concrete construction hotel that was built in 1979.
  • The Hotel is priced below replacement cost at $33,182 per room.
  • The Hotel sits on 5.3286 Acres (232,113 Sq.Ft.)
  • The 2017-year end room revenue was $3,325,559.
  • The Hotel is located 6 miles from George Bush Intercontinental Airport. In 2016, the airport served 41,622,594 passengers, making IAH the twelfth busiest airport in the United States and forty-third busiest in the world.
  • As of year-end 2017, the hotel is attractively priced at a 2.20X Room Revenue Multiplier.

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