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17550 Northwest Fwy
Houston, TX 77065 Steeplechase

$3,600,000 USD

Hotel For Sale • 29,156 SF

Property Details

Property Type Hotel
Total Building Size 29,156 SF
Lot Size 1.52 AC
Building Class C
Year Built 1998

0 Transit Score

30 Walk Score

                
                    Highlights
                
                                •	54-Key Choice-Flagged All-Suites — Interior-corridor, three-story select-service hotel on the US-290 corridor where Cypress meets Northwest Houston.
                            
                                •	Full Franchise PIP Completed 2024 — A renovated, brand-current asset; the buyer inherits the capex, not the project.
                            
                                •	Recovery Already in the Numbers — 2026 YTD RevPAR up 30% year-over-year, outperforming a Northwest Houston submarket that is down same period.
                            
                                •	Free & Clear at Closing — Delivered unencumbered; existing SBA financing retired at close.
                            
                                •	Attractive Basis — $3,600,000 (˜$66.7K per key) against a Houston 50–75-key peer set trading $42K–$75K per key over the trailing three years.
                            
                                •	Best Fit — Regional owner-operator or value-add investor executing an operational stabilization: revenue management and discipline.