Hotel For Sale • 58,576 SF
| In 2025, the hotel recorded rooms revenue of $2.57 million (rounded) at an average RevPAR level of $73. |
| In 2023, the property underwent a comprehensive renovation per the brand’s “Formula Blue 2.0” design scheme. |
| Given the recent renovation, no change-of-ownership property improvement plan (PIP) is expected for new ownership upon transfer. |
| Since 2023, the hotel has outperformed/consistently dominated its competitive set, having registered an annual avg. RevPAR penetration index of 125.8% |
| Houston has been selected as a host city for the 2026 FIFA World Cup. The event is anticipated to generate elevated ADR and occupancy levels citywide. |
| Asset is being offered free and clear of any management encumbrances, offering the flexibility to revamp the operational strategies. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Katy Westgreen LP |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| William P Hobby | 53 min | - | 36.2 mi |
| George Bush Intcntl/Houston | 47 min | - | 37.5 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 113 |
| Type: | Surface |
| Included in Rent: | Yes |