713-452-4200
11002 Northwest Fwy, Houston, TX for Sale
Hospitality - FOR SALE
1/12
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11002 Northwest Fwy
Houston, TX 77092
Oak Forest-Garden Oaks


HIGHLIGHTS

  • Fitness Center
  • Meeting Space

OVERVIEW

Investment Highlights Recently Renovated Asset: Full hotel renovation completed in 2024, significantly reducing near-term capital exposure. Select-Service Wyndham Brand: A 110-room Days Inn by Wyndham located on 2.30 acres with 128 parking spaces. Prime Northwest Freeway Location: Excellent visibility and access along US-290 with proximity to Downtown Houston and The Galleria. Flexible Franchise Positioning: Wyndham franchise currently in an open window, offering optionality for new ownership. Diverse Demand Drivers: Supported by oil and gas services, healthcare, construction activity, and strong highway transient traffic. On-Site Owner’s Quarters: Three dedicated owner units provide operational efficiency and flexibility. Meeting and Event Capability: Banquet and meeting space accommodating approximately 50–75 guests, supporting group and business demand. Investment Overview As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Days Inn by Wyndham Houston (‘Hotel’ or ‘Property’) located at 11002 Northwest Freeway in Houston, Texas. The Wyndham Hotels & Resorts-branded Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more information. This select-service Hotel features 110 guest rooms situated on approximately 2.30 acres with 128 parking spaces. Originally constructed in 1977, the Property has undergone a comprehensive full-hotel renovation completed in 2024, positioning the asset with minimal near-term capital requirements. The Hotel offers a wide variety of common area amenities, including a fitness center and meeting/banquet space for 50 to 75 guests. The Property also includes three on-site owner’s quarters, providing operational flexibility for owner-operators or on-site management. Strategically positioned along the Northwest Freeway (US-290), the Hotel benefits from strong traffic exposure and accessibility to Houston’s major employment and activity centers. The Property is located approximately five miles from Downtown Houston, three miles from The Galleria, and 20 miles from George Bush Intercontinental Airport, allowing it to efficiently capture corporate, leisure, and airport-related demand. Houston’s diversified economy provides a stable lodging foundation for the Property. Nearby oil and gas service companies, construction activity, and healthcare and medical services generate consistent room nights from contractors, technicians, consultants, and visiting professionals. The Hotel’s freeway-oriented location further supports strong demand from highway transient travelers, logistics personnel, and regional commuters moving through the Houston metro area. The hotel boasts a strong RevPAR penetration index of 115 percent for the twelve months ending in September 2025, signaling robust competitive performance and attractive long-term value for potential buyers. Between year-end 2024 and the twelve months ending in September 2025, the hotel saw a notable increase of over 6.8 percent in net operating income. This trend presents several advantages for potential buyers, including additional capital for renovations and enhanced cash flow. Houston is the fifth-most populous metropolitan area in the United States, with a population exceeding 7.6 million residents. Though the Houston metro spans nine counties, roughly one-third of the metro’s population resides within the City of Houston, while surrounding cities such as Pasadena, Pearland, The Woodlands, Sugar Land, and League City each support populations of more than 100,000 residents. The city also benefits from direct access to global markets via the Gulf of Mexico and the Port of Houston, one of the nation’s busiest export hubs. Historically anchored by energy production, Houston’s economy has diversified significantly, with strong growth in healthcare, biotechnology, nanotechnology, logistics, and advanced manufacturing. The Texas Medical Center, the largest medical complex in the world, receives more than 150,000 patient visits daily and serves as a major employer and research center. Houston is also a leading destination for corporate relocations, supported by a business-friendly environment, no state income tax, and a cost of living below many peer metros. Approximately 24 Fortune 500 companies are headquartered in the region, underscoring Houston’s role as a national and international business center. Houston also offers a high quality of life, featuring more than 500 parks and open spaces, proximity to state parks and coastal recreation, a vibrant arts and museum district, and four major professional sports franchises. Cultural assets further enhance the region’s appeal, including Space Center Houston and world-class universities like the University of Houston and Rice University.

FOR SALE DETAILS

PRICE

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# OF ROOMS

110

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Houston

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1977

PARKING SPACES

165

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

-

APN/PARCEL ID

0421300000185

ASK ABOUT THIS PROPERTY

Rajan PatelMarcus & MillichapMore Info
713-452-4200

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Rajan PatelMarcus & MillichapMore Info
713-452-4200

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