214-315-0769
HIGHLIGHTS
- Well-located 206-key hotel in SW Houston at the junction of I-69 and the Sam Houston Tollway, providing excellent access to downtown and many more.
- The Holiday Inn benefits from nearly 6.7 million square feet of office space and 28 million square feet of industrial space within a 3-mile radius.
- Offered unencumbered by brand and management, providing new ownership with maximum flexibility and premium upside through repositioning or conversion.
- Significant value-add opportunity by way of more ‘hands-on” management and revenue management or through redeveloping into an alternative asset class.
- Offered at a substantial discount to replacement cost as the cost to develop a new full-service Hotel in Houston is over $400,000 per key today.
- Fee simple and non-union offering allows for a new owner to retain maximum rights and control over the asset and implement their own business plan.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
REO Holiday Inn Houston SW
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
6
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1981
PARKING SPACES
244
LAND DETAILS
LAND ACRES
4.16 AC
LAND SF
181,210 SF
ZONING
N/A, Houston
APN/PARCEL ID
1116550000006
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-315-0769
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-315-0769
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
