Institutional Seller | Four Points by Sheraton Houston IAH Airport

Starting Bid: $2,500,000

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: 10344

• 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.

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.

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