12703 Southwest Fwy - Hospitality FOR SALE
Stafford, TX 77477 |
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.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Residence Inn Houston Sugar Land/Stafford
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
53022
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
A
YEAR BUILT
1997
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
YQ
APN/PARCEL ID
7230-03-001-0030-910
