Marcus & Millichap sells Houston Holiday Inn

Marcus & Millichap sold a two-building, 109-room Holiday Inn Express Hotel & Suites in Houston. The terms of the sale were not released.

Jake Gaddy, senior associate and Steve Swenholt, associate, both in Marcus & Millichap’s Austin office, represented the seller, a Houston-based developer. Chris Gomes, VP investments in the firm’s Dallas office, along with Allan Miller, VP investments in San Antonio, represented the buyer, a Dallas-based private client.

Built in 1999 and converted into a Holiday Inn Express & Suites in early 2012, the three-story hotel is located in North Houston at 125 Airtex Drive, five miles from George Bush Intercontinental Airport.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


Amenities include an outdoor pool and whirlpool, fitness center, on-site guest laundry, business center, meeting room and complimentary hot breakfast. All suites and guest rooms feature flat-screen cable television, microwave oven, mini-refrigerator, coffee maker, sofa-bed, iron with ironing board and work desks.