7611 Katy Fwy - Hospitality FOR SALE
Houston, TX 77024 |
7611 Katy Fwy
Houston, TX 77024
HIGHLIGHTS
- Situated along Katy Freeway with direct access to the Galleria, Houston's most affluent residential neighborhoods and Houston's primary thoroughfares.
- Features include high-end amenities, an outdoor pool with cabanas, a 24-hour fitness center, and a recently renovated restaurant and bar.
- The current construction cost for a new full-service hotel is approximately $400,000 per room.
- Positioned to capture business travel with over 10,000 SF of meeting space and proximity to Houston’s top office markets.
- Opportunity to acquire the hotel at an attractive basis below replacement cost.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Crowne Plaza Houston Galleria Area
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
136373
STORIES
6
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1981
PARKING SPACES
188
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
F1
APN/PARCEL ID
0690140030052
