8700 Gulf Fwy - Hospitality FOR SALE


Houston, TX 77017- Greater Hobby Area
$5,450,000 USD
346-550-9124
8700 Gulf Fwy, Houston, TX for Sale
$5,450,000 USD
Hospitality - FOR SALE
1/6
null | 11.08% Cap Rate

8700 Gulf Fwy
Houston, TX 77017
Greater Hobby Area


HIGHLIGHTS

  • Strategically positioned with direct access to Gulf Freeway (I-45) while offering seamless connectivity to key destinations
  • Residents and guests enjoy high-speed internet and public access WiFi, ensuring seamless connectivity for work, entertainment, and everyday needs.
  • Enhance tenant appeal with a well-maintained community pool, providing a relaxing retreat and added value to the property’s amenities.
  • Located in a thriving rental area with strong demand, this property offers excellent potential for high occupancy rates and consistent cash flow

OVERVIEW

Unlock the potential of this 80-room hospitality property in the thriving Houston market. Strategically located in one of Texas’s most dynamic cities, this listing presents an excellent investment opportunity for hoteliers and hospitality groups looking to expand their portfolio.

FOR SALE DETAILS

PRICE

$5,450,000 USD

PRICE/SF

$123 USD /SF

# OF ROOMS

80

PRICE/ROOM

$68,125 {currency}

CAP RATE

11.08%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Residencias Hobby

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,625 SF

ZONING

F1

APN/PARCEL ID

0642150000027

ASK ABOUT THIS PROPERTY

Eduardo PenaP-95 CapitalMore Info
346-550-9124

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Eduardo PenaP-95 CapitalMore Info
346-550-9124

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