1003 W Highway 332 - Hospitality FOR SALE


Clute, TX 77531
$4,500,000 USD
832-455-6486
1003 W Highway 332, Clute, TX for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/31
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1003 W Highway 332
Clute, TX 77531


HIGHLIGHTS

  • Located in Clute, near Lake Jackson with easy access to Houston and the Texas Gulf Coast.
  • Conveniently situated near major corporations such as Dow, BASF, Freeport LNG, and Chevron.
  • Only minutes from shopping centers like Dixie Mini Mall, Plantation Mall, and Brazosport Village, as well as St. Luke's Hospital and local parks.
  • Just 15 minutes from Texas Gulf Coast Regional Airport and Joseph Ross Scherdin Airport.
  • Perfect for both leisure and business travelers

OVERVIEW

Presenting an exceptional investment opportunity, TownePlace Suites by Marriott Clute/Lake Jackson is a premier upper midscale hotel under the renowned Marriott International brand. Ideally located in the thriving suburban area near Houston and the Texas Gulf Coast, this 82-room hotel offers a strategic advantage for both business and leisure travelers. The property features two stories of spacious accommodations, including fully-equipped kitchens, multi-room suites, and high-speed internet access, catering to extended stays for corporate projects or family getaways. Guests can also enjoy outdoor relaxation on the hotel’s patio. The hotel is conveniently situated near major employers such as Dow, BASF, Freeport LNG, and Chevron, making it a preferred choice for business travelers. Additionally, the property is just minutes away from key amenities, including shopping centers like Dixie Mini Mall, Plantation Mall, and Brazosport Village, as well as St. Luke’s Hospital and various local parks. For air travelers, Texas Gulf Coast Regional Airport and Joseph Ross Scherdin Airport are only a 15-minute drive away. Recreational opportunities abound in the surrounding area, with easy access to beaches, boating, golfing, and outdoor activities like tennis and water skiing. Whether for business or leisure, TownePlace Suites Clute/Lake Jackson offers the perfect combination of convenience and comfort, making it an ideal acquisition in a vibrant and growing market.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$76 USD /SF

# OF ROOMS

82

PRICE/ROOM

$54,878 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TownePlace Suites Lake Jackson Clute

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2001

PARKING SPACES

104

LAND DETAILS

LAND ACRES

2.17 AC

LAND SF

94,350 SF

ZONING

C-2

APN/PARCEL ID

2115-0006-110

ASK ABOUT THIS PROPERTY

Ash NooraniKeller Williams Realty, Inc.More Info
832-455-6486

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Ash NooraniKeller Williams Realty, Inc.More Info
832-455-6486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.