832-607-1579
10750 Gessner Rd, Houston, TX for Sale
Hospitality - FOR SALE
1/11
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10750 Gessner Rd
Houston, TX 77064


OVERVIEW

Offered at a significant discount to replacement cost .The new buyer will have the opportunity to revamp the Hotel with Renovated Rooms , employing a more aggressive revenue management strategy and strategic cost control initiatives. Refreshed Room product will allow the new owner to more effectively compete by improving penetration within the Transient competitive set while increasing cash flow through improving operating margins. Houston is the 4th largest city in the United States and the largest in Texas. The city also has a global economy and only New York City has more Fortune 500 headquarters. Houston is the economic center of Houston-The Woodlands-Sugarland, which is the 5th largest metropolitan area in the United States with over 6 million people. 2012 was the first time Philadelphia was knocked out of the top 5, thanks to Houston's rapid growth. Property Video tour Link. https://vimeo.com/1179298516/d9ed11608c https://vimeo.com/1179298516/d9ed11608c

FOR SALE DETAILS

PRICE

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# OF ROOMS

114

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Staybridge Suites Houston Willowbrook

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

136

LAND DETAILS

LAND ACRES

3.75 AC

LAND SF

163,350 SF

ZONING

Commercial

APN/PARCEL ID

1205910010046

ASK ABOUT THIS PROPERTY

Amit MehtaAmit Mehta IncMore Info
832-607-1579

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Amit MehtaAmit Mehta IncMore Info
832-607-1579

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