Holiday Inn Express & Suites Waller - Prairie View - Waller, TX
About This Property
- 75 Units
- 3 Story, Interior Corridor Hotel
- Trailing Twelve Month Revenue through April: $1,842,306
- Fantastic Condition with IHG's Formula Blue 2.0 PIP Partially Completed
- Asking 3.3x Revenue
- Excellent Location 40 Miles Northwest of Houston, TX
- Diverse Demand Generators Nearby including a New $30 Million Development for Crystal Lagoon, a Luxury Water Resort, Set to Open May 2026
The Holiday Inn Express & Suites in Waller, Texas is a 75-room, three-story, interior corridor hotel located off Highway 290, just 40 miles Northwest of Houston, TX.
The property is well maintained and has undergone significant renovations for the Formula Blue 2.0 PIP since 2021, finishing public areas and partially completing some room and other requirements.
The hotel continues to perform well with trailing twelve-month revenue through April totaling $1,842,306 and a RevPAR Index of 102.2 as of the March 2025 Monthly STR report.
Waller has a population of 56,794 according to the 2020 census. The hotel is nearby Prairie A&M University, and a Fortune 1000 company, Daikin-Goodman Manufacturing. Daikin's facilities in Waller include the Daikin Texas Technology Park, a consolidated manufacturing, engineering, and logistics facility campus for Daikin, Goodman, and Amana brands. It's one of the largest HVAC manufacturing facilities in the country, with over 4 million square feet under one roof. The facility is expected to employ thousands of people and has a significant economic impact on the Houston area. Daikin invested $417 million in this facility, making it the largest single investment in Goodman's history.
Major employers and demand generators in the area also include Alegacy, AFGlobal, Buc-ee's, R&L Carriers, Laney Drilling, MAN Energy Solutions, Houston Premium Outlets, and much more.
A major nearby development—the region’s first water-themed resort—is set to open in May 2026 in Waller County, just 20 miles away. The $30 million Crystal Lagoon Resort will feature a 4-acre crystal-clear artificial lagoon, four white sand beaches, a tropical swim-up bar, and a range of water activities such as paddle boating, kayaking, and sailing in partnership with the National Sailing Club.
This agreement (“Agreement”) is between Amber Hotel Company (“Amber”) and the undersigned party (“Buyer”) who is interested in buying investment real estate.
The investment real estate is exclusively listed for sale with Amber. Amber shall provide Buyer with related confidential information, subject to the terms and conditions of this Agreement.
By checking the below box and viewing this property, you agree that:
- The related confidential information is provided for the sole purpose of having a Buyer evaluate the purchase of the property for itself or its affiliates. Buyer and its affiliates shall keep the related information confidential, and not reproduce, distribute or disclose such information to third parties, except to the extent third party consultants, lenders, or other agents of Buyer are required, in which case such third parties will be held to the same confidentiality standards as Buyer. Amber shall not be responsible for the accuracy or completeness of the information provided, or for any loss or expense, whether direct or indirect, arising from Buyer’s or Buyer’s affiliate’s use and reliance on the information.
- The undersigned principal or any company or entity in which the undersigned principal has controlling interest, including real estate brokerage companies, shall not be paid any form of commission or fee by the owner of the property for the purchase of the property.
- All offers and purchase agreements for the property from Buyer or its affiliates shall be submitted through Amber. Buyer shall not contact the owner of the property directly or act either directly, indirectly, through any third parties including affiliates, clients or other brokers to circumvent the purpose of this Agreement. Amber may solicit, represent and accept offers for the property from other potential buyers without obligation to this Buyer. Buyer acknowledges that real estate brokers are not qualified as experts for legal, financial, accounting, environmental, construction, soils, geological or engineering advice.
This property information, market information, and other information on this page as well as any related documents have been provided by the seller or other outside sources. Interested parties are highly encouraged to verify the information independently. Amber has not independently verified any information.