713-955-0012
401 Bay Area Blvd, Houston, TX for Sale
Hospitality - FOR SALE
1/28
null | Request Cap Rate

401 Bay Area Blvd
Houston, TX 77058
Clear Lake


HIGHLIGHTS

  • A receiver was appointed in August 2020 and property ownership was transferred to the lender in March 2025.
  • As of February 2025 trailing-twelve-months (TTM), the hotel earned $3,280,000 (rounded) in rooms revenue, leading to an impressive $97 RevPAR.
  • An investor can expect a new, 15-year franchise license agreement with Hilton.
  • The property benefits from a prime location along Bay Area Boulevard, near several attractions, restaurants, and entertainment venues.
  • Property tour dates on 5/28-29 and 6/4-5, please reach out to the deal team to schedule.

FOR SALE DETAILS

PRICE

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# OF ROOMS

92

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Homewood Suites by Hilton Houston Clear Lake

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

93

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,975 SF

ZONING

-

APN/PARCEL ID

1166440000004

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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