Institutional Seller | Four Points by Sheraton Houston IAH Airport

Highlights:

• Institutional Seller, Third-Party Managed: An owner-operator can take direct control of hotel operations and the current cost structure.
• $2.7M Rooms Revenue on a Marriott Flag: Supplemented by $264K of 2025 food, beverage and banquet revenue from the on-site outlet and space.
• Occupancy Ahead of STR Comp Set Since 2023: Ran 67.0% occupancy vs. 61.5% for the STR competitive set over the 12 months ending August 2026.
• $9.64 ADR Gap to the STR Competitive Set: ADR of $91.08 trails the set's $100.72, leaving room to push rate while holding an occupancy lead.
• Six Minutes to IAH Terminals on Beltway 8: Sits at the south edge of United's Houston hub and produced $539K of contract rooms revenue in 2024.
• Margin Upside Under Owner Operation: NOI has been negative since 2023. An experienced operator can reduce costs and generate cash flow.

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3514/hospitality/houston/tx?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=november18_2026&utm_content=hospitality_3514

Brokered by Avenue Advisors and powered by RealINSIGHT Marketplace, the Four Points by Sheraton Houston IAH Airport at 1450 N Sam Houston Pkwy E is a 123-key, 2017-built select-service hotel on Beltway 8, six minutes from George Bush Intercontinental Airport. The Hotel is offered by an institutional seller and is currently run by a third-party management company, so it suits an owner-operator prepared to take direct control of operations and costs. Over the 12 months ending August 2026, the Hotel ran 67.0% occupancy against 61.5% for its STR competitive set, while its $91.08 ADR trailed the set's $100.72, pointing to rate as the primary revenue lever. The Hotel generated $2.7M of rooms revenue in 2025 from a mix of transient, contract and group business, with contract business contributing $539K of rooms revenue in 2024. An on-site food and beverage outlet and banquet space added $264K in 2025. Expenses have run high under the current structure, and NOI has been negative every year since 2023. Avenue's pro forma projects approximately $600K of NOI in Year 1, driven mainly by rooms, overhead and distribution costs that a hands-on owner can control. The Property sits on 2.32 acres at the south edge of IAH, United's Houston hub, with Beltway 8 access to Greenspoint, Downtown Houston and The Woodlands.

Location
The Hotel fronts the Sam Houston Parkway (Beltway 8) at the south edge of George Bush Intercontinental Airport, United's Houston hub, roughly six minutes from the terminals. Beltway 8 provides direct access to Greenspoint, Downtown Houston (18 miles) and The Woodlands (21 miles), positioning the Hotel to capture airport-driven transient and contract demand alongside group business.


Bidding Opens
Nov 17 1:00 AM
Bidding Closes
Nov 19 1:00 AM

Documents: