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2504 North Loop W
Houston, TX 77092 Oak Forest-Garden Oaks

Price Upon Request

Hotel For Sale  •  92,825 SF

Property Details

  • Property Type Hotel
  • Total Building Size 92,825 SF
  • Lot Size 3.21 AC
  • Building Class B
  • Year Built 1972
  • Tenancy Single
33 Transit Score
68 Walk Score

Highlights

Terrific location near major demand drivers in Houston's Uptown, Galleria, Heights, and Downtown - off I-610 with easy access to US 290, I-10, & I-45.
The hotel will not re-license as a Courtyard by Marriott upon sale, offering value-add opportunity through re-branding with a top franchiser.
Leasehold hotel with significant RevPAR opportunity as the hotel is under-penetrating its competitive set in all metrics for T-12 April 2024.
The hotel is located in the Houston Northwest submarket, which currently holds its highest occupancy performance since the pandemic.
Chance to re-flag, revamp operations, implement cost control initiatives, and add aggressive yield management strategies to improve profitability.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
13 min - 7.7 mi
AirportDriveWalkDistance
William P Hobby 34 min - 20.6 mi
George Bush Intcntl/Houston 27 min - 20.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 202
Type: Surface
Included in Rent: Yes