Hotel For Sale • 82,864 SF
| Offered at ~50% of Replacement Cost – Just $97,321 per key, significantly below today's estimated development cost for comparable upscale hotels |
| 112-Key Marriott Asset – All-suite, interior-corridor SpringHill Suites, built in 2014, offered fee simple on 2.81 acres |
| Strong Cash Flow with Upside – Over $1 million in NOI achieved without renovation; ADR at record highs with occupancy growth potential |
| Value-Add Opportunity – A modest $7K–$10K per key PIP positions the hotel to capture higher occupancy and increased revenue |
| Long-Term Marriott Franchise – Franchise in place through December 2035, with potential for extension upon PIP completion |
| Premier Houston Location – Prime Westchase location near the Energy Corridor, Galleria, and Downtown |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| William P Hobby | 38 min | - | 25.5 mi |
| George Bush Intcntl/Houston | 39 min | - | 32.0 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 120 |
| Type: | Surface |
| Included in Rent: | Yes |