713-955-0012
8950 Fallbrook Dr, Houston, TX for Sale
Hospitality - FOR SALE
1/21
null | Request Cap Rate

8950 Fallbrook Dr
Houston, TX 77064


HIGHLIGHTS

  • Highly coveted, newer construction, 125-key, extended-stay hotel asset
  • Operated by third-party management company, offering upside for an aggressive owner/operator
  • In 2024, the hotel achieved over $4.1 million in rooms revenue and $1.47 million in NOI flow-through
  • The property was built with premium finishes, featuring above-standard Homewood Suites by Hilton prototype design elements
  • A 15-Year Homewood Suites by Hilton franchise license agreement is expected
  • The property benefits from excellent visibility along the Beltway 8 frontage road, near Fallbrook drive

OVERVIEW

For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): LINK HERE HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 125-key Homewood Suites by Hilton Houston NW at Beltway 8, a highly coveted extended-stay hotel located in Northwest Houston. A new investor will have the rare opportunity to acquire a Hilton-branded, extended-stay hotel asset in the fourth largest city in the United States, with the ability to restructure the hotel’s operations to improve both top- and bottom-line cash flows.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

125

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Homewood Suites by Hilton Houston NW at BW 8

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.77 AC

LAND SF

120,661 SF

ZONING

-

APN/PARCEL ID

1173970020002

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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