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Hotel For Sale • 75,947 SF
| 112-unit, four story, interior corridor, dual elevators, premium branded SpringHill Suites by Marriot. |
| Priced under 4x RRM and a 8.6% Cap Rate on 2024 income and expenses. |
| Priced well under replacement cost at $108,036/room. |
| Located in Westchase, a thriving business district in Houston, TX with proximity to major corporate offices, energy companies, and technology firms |
| Excellent accessibility via Westpark Tollway and Beltway 8, providing easy connectivity to: Houston energy Galleria (Texas's largest shopping center) |
| Potential for revenue growth with strategic renovation and brand repositioning. |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| William P Hobby | 37 min | - | 25.3 mi |
| George Bush Intcntl/Houston | 39 min | - | 32.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 120 |
| Type: | Surface |
| Included in Rent: | Yes |
