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