Holiday Inn Express & Suites – 120 Southpoint Lane Livingston, TX 77351

March 24, 2025 by

Price: $7,500,000
Address: 120 Southpoint Lane
City: Livingston
State: TX
ZIP: 77351
Rooms #: 60

Additional Features:

DEAL FEATURES

Ownership completed Formula Blue 2.0 PIP
Located less than 1 hour from Houston on US Highway 59
13% Cap Rate (rounded) based on 2024 NOI
Easy property to manage remotely

BUILDING OVERVIEW

2 & 3 Stories, Interior Corridor
Wood Frame Construction
Brick & Stucco Façade
Pitched, Shingled Roof (New as of June 2024; 10 year warranty)
Concrete Parking Lot

PROPERTY HIGHLIGHTS

60 Guest Rooms
Built in 1999
Wireless Internet
Continental Breakfast
Meeting Space
Business Center
Guest Laundry Facilities
Fitness Center
Outdoor Pool

Financials

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This is a confidential offering intended for the recipient’s use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!

Highly Impressed By His Knowledge And Integrity

I have worked with David Mumford and Mumford Company on several transactions over the last 13 years, and I’ve been highly impressed by his immense knowledge of the hospitality industry, specific brands and his integrity. I thank David and his group for their vast knowledge in this industry and look forward to working with them again!

Jay Patel

A Pleasure Working With You

"Dear Mr. Kirby ... Armen and I would like to thank you, Burton Brooks and your company for helping to sell our property. We would like to especially thank Mr. Brooks for his hard work and due diligence. We can honestly say that it was a pleasure working with both of you. ... Both you and Mr. Brooks made this an extremely positive experience. We will always highly recommend The Mumford Company and hope to continue to do future business with you. God Bless, Always."

Armen and Priti Grigorian

Beyond Normal Broker Expectations

Ed, You went beyond normal 'Broker" expectations and responsibilities with all your Best Western communications and planning for the transfer of the membership as well as working with the purchaser though the whole process. I have never seen a Broker do so many well done tasks to get a hotel sold. You are the man,

Harvey Moore

I truly appreciate it

"Thanks very much for your cooperation in this transaction. It was a pleasure working with you all. I truly appreciate it. It was also pleasure working with seller for their their understanding and full cooperation."

Pravin K. Patel

A “win / win” for every deal

I have worked with David and Mumford & Co - Hotel Brokers since 1991. I have used them numerous times as both a seller and a purchaser. David’s deep knowledge of the market and timeliness in working the "deal" is without question the best I have experienced in the hotel real estate brokerage. In these challenging times, I value David’s integrity and creative ideas in getting to a "win / win" for every deal we work on. My highest recommendation!

Michael L. Allen

New Albany Hampton Inn

"Dear Robert ... You recommended the Mumford Company two years ago, and I could not have been more pleased. As you know, the sale of the New Albany Hampton Inn was challenging. Steve Kirby and the rest of his team were very professional, gave me consistently good advice, was clearly on our side through the whole ordeal, I always felt very well represented by them and were a joy to work with from beginning to end."

Kevin S. McKenney

Senior Principal

David Mumford

Managing Principal

Ed James

Managing Principal

Steve Kirby

Managing Principal

Justin Pinkard

Vice President

Burton Brooks

Vice President

Ryan Patterson

Vice President

Carter Willcox

Senior Associate

GR Patel

Sales Associate

Tripp Lowe

Sales Associate

Andrew Lowe

Senior Associate

John James

Sales Associate

Lillian Walker

Sales Analyst

Nick McCardel