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16884 Northwest Fwy
Houston, TX 77040

$6,000,000 USD

Hotel For Sale • 44,616 SF

Property Details

Property Type Hotel
Total Building Size 44,616 SF
Lot Size 2.58 AC
Building Class C
Year Built 1985

0 Transit Score

40 Walk Score

                
                    Highlights
                
                                High barriers to entry — new competing supply is very difficult to build in Jersey Village.
                            
                                Rate upside — the hotel runs an in-place ADR in the mid-$40s vs. a submarket ADR near $84. Room to nearly double rate through repositioning.
                            
                                In-place cash flow — ~$1.79M room revenue and ~$928K NOI (52% margin) in 2024.
                            
                                Location that sells itself — US-290 exposure, minutes from Houston Premium Outlets, Willowbrook, and the Berry Center
                            
                                ~30 minutes to Bush Intercontinental Airport.
                            
                                Solid fundamentals — 2.58 acres, 91 parking spaces, renovated in 2021, and outside the FEMA Special Flood Hazard Area.

Amenities

High Speed Internet Access
Public Access Wifi
Smoke-Free

Public Transportation

Airport	Drive	Walk	Distance
George Bush Intcntl/Houston	29 min	-	21.2 mi
William P Hobby	49 min	-	32.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	91
Type:	Surface
Included in Rent:	Yes

Rorik Seth 281-968-5019 Seth Equities

16884 Northwest Fwy Houston, TX 77040