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16931 Texas Ave
Webster, TX 77598

Price Upon Request

Hotel For Sale • 40,178 SF

Property Details

Property Type Hotel
Total Building Size 40,178 SF
Lot Size 1.78 AC
Building Class B
Year Built 2006
Tenancy Single

0 Transit Score

55 Walk Score

                
                    Highlights
                
                                The 58-key count is considered an ideal size for an experienced owner/operator.
                            
                                Before COVID-19, from 2014-2019, the Hotel averaged $1,134,912 in annual revenue, showing strong potential for new investors.
                            
                                Rooms revenue increased from $974,657 in 2023 to $1,197,237 in 2024, representing an increase of 25.4%.
                            
                                Current ownership recently renovated the Property, including the public areas and guestrooms, at a cost of $400,000, or $6,900 per key.
                            
                                This opportunity presents an investor with the ability to acquire the Property at a price well below replacement cost at $75,862 per key.
                            
                                Near NASA, Baybrook Mall, Kemah Boardwalk, and UH-Clear Lake, the Hotel attracts business & leisure travelers with nearby dining and entertainment.

Amenities

Business Center
Fitness Center
Pool
High Speed Internet Access
Meeting Event Space
Public Access Wifi

Public Transportation

Airport	Drive	Walk	Distance
William P Hobby	24 min	-	12.7 mi
George Bush Intcntl/Houston	52 min	-	42.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	64
Type:	Surface
Included in Rent:	Yes

16931 Texas Ave OFF MARKET Webster, TX 77598 OFF MARKET