14402 Old Chocolate Bayou Rd - Hospitality FOR SALE


Houston, TX 77048- Minnetex
$6,999,000 USD
281-968-5019
14402 Old Chocolate Bayou Rd, Houston, TX for Sale
$6,999,000 USD
Hospitality - FOR SALE
1/6
null | 9.72% Cap Rate

14402 Old Chocolate Bayou Rd
Houston, TX 77048
Minnetex


HIGHLIGHTS

  • 61 Rooms: Modern mix of king and double-queen configurations
  • New Construction: Scheduled opening June 2025; zero immediate capital improvements required
  • Strong Revenue Projections: Stabilized RevPAR forecasted at $74
  • Less than 10 miles from Texas Medical Center (120,000+ employees, 10M patient encounters annually)
  • Approximately 7 miles from William P. Hobby Airport (14.6M annual passengers)
  • Cost-Efficient Operation: Energy-efficient building standards, full warranties, and accelerated depreciation benefits

OVERVIEW

Seth Equities is pleased to exclusively offer the exceptional opportunity to acquire a newly constructed, upper-midscale Best Western Plus hotel. Strategically situated at 14402 Old Chocolate Bayou Rd, Houston, TX 77048, this hotel is perfectly positioned to benefit from substantial local demand drivers. This investment offers a rare chance to own a premium, hassle-free asset poised to deliver strong returns and significant long-term value appreciation. Expected C/O - June 2025 Contact Seth Equities today for detailed financials, the Offering Memorandum, or to schedule a site tour. Confidential listing – Please do not disturb construction site.

FOR SALE DETAILS

PRICE

$6,999,000 USD

PRICE/SF

$229 USD /SF

# OF ROOMS

61

PRICE/ROOM

$114,738 {currency}

CAP RATE

9.72%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Plus Pearland/Houston Medical

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2025

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

-

APN/PARCEL ID

1341160010010

ASK ABOUT THIS PROPERTY

Rorik SethSeth EquitiesMore Info
281-968-5019

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Rorik SethSeth EquitiesMore Info
281-968-5019

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