713-577-1760
12703 Southwest Fwy, Stafford, TX for Sale
Hospitality - FOR SALE
1/7
null | Request Cap Rate

12703 Southwest Fwy
Stafford, TX 77477


HIGHLIGHTS

  • Priced at a significant discount compared to the cost of building a new hotel, due to high construction costs and a difficult lending environment.
  • The hotel’s room revenue has increased 13% through YTD June 2024. Trailing TTM Room Revenue is $2,262,626.
  • Opportunity to acquire a Marriott-branded extended-stay property with access to Marriott Bonvoy's 177 million loyalty members.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Residence Inn in Houston Sugar Land/Stafford, Texas. The property is located off Southwest Freeway, just minutes from First Colony Mall, Stafford Centre, Constellation Field, and Missouri City. Thanks to this prime location, the Residence Inn receives business from a diverse population of both corporate and leisure travelers.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

78

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Residence Inn Houston Sugar Land/Stafford

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

A

YEAR BUILT

1997

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

YQ

APN/PARCEL ID

7230-03-001-0030-910

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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Michael YuCBRE, Inc.More Info
713-577-1760

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