Outstanding opportunity to acquire a recently renovated, Choice Hotels-branded all-suite hotel strategically positioned along the US-290 corridor in Northwest Houston. With the full Property Improvement Plan (PIP) completed in 2024, this turnkey hospitality investment offers immediate income together with strong operational upside.
The Quality Suites Houston NW Cy-Fair comprises 54 interior-corridor guest suites across a three-story building totaling approximately 29,156 square feet on a 1.52-acre site. Located where Cypress meets one of Houston's busiest commercial corridors, the property benefits from excellent freeway visibility and accessibility. Recent performance demonstrates strong momentum, with 2026 year-to-date RevPAR increasing 30% year-over-year despite a softer local market.
The hotel is being offered free and clear at closing, allowing a new owner to focus on operational improvements rather than capital expenditure. The current net operating income is approximately $259,000, with a projected pro forma NOI of $321,000 through revenue management and operational efficiencies. Offered at approximately $66,700 per key, the property represents an attractive acquisition within the Houston hotel market.
Comprehensive due diligence materials, including a 16-page Offering Memorandum, four years of STAR reports, operating financial statements, and comparable sales data, are available upon execution of a Confidentiality Agreement.
