Investment opportunity to acquire a modern 100-key hotel in Houston, Texas.
The property is located at 1000 Houston, Texas, Houston, TX and is offered for sale at an asking price of $8,800,000.
Built in 2020, the hotel comprises 100 fully equipped rooms across a four-storey building on 2.1 acres with 89 parking spaces. The property has a current cap rate of 9.16%, expected to reach 10.36% when stabilized. The hotel has a RevPAR index of 105.6%, a strong corporate demand mix, and all Property Improvement Plans (PIPs) have been completed.
Full investment details are available upon request. A signed NDA is required before confidential offering materials are released.
Enquire today for further information.
