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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Michael Yu and Yu Hospitality Real Estate Advisors, Inc. are licensed real estate brokers in the state of Texas. Rahul Bijlani, Eric Guerrero, Tyler Bean, Andrew Frosch, Dennis Drake, Agrama Mannapperuma and Pravin Boteju are licensed salespersons in the state of Texas and affiliated with and sponsored by CBRE Group Inc.