123 Huvar St - Hospitality FOR SALE


Victoria, TX 77904
$13,400,000 USD
713-955-5580
123 Huvar St, Victoria, TX for Sale
$13,400,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

123 Huvar St
Victoria, TX 77904


HIGHLIGHTS

  • The property features a resort-like indoor/outdoor swimming pool, a swim-up bar, and 7,004 SF of meeting space (largest meeting space in submarket).
  • From 2021–2025, rooms revenue consistently averaged over $3,750,000 (rounded), with gross revenue averaging over $4,200,000 (rounded).
  • As of the TTM June 2026: $3.68M rooms revenue | $4,120,000 gross revenue | $1,120,000 NOI flow-through | 8.3% cap rate | 3.6x RRM at current guidance.
  • In 2024/25, ownership completed the outstanding Fixed Renovation Cycle Management (FRCM) “soft” update from Hilton; minor PIP expected.
  • Upon acquisition and approval, an investor can expect a new 15-year franchise agreement with Hilton.
  • The hotel asset is being offered free and clear of any management encumbrances.

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): https://brokerage.hvs.com/listing/?id=145783 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 118-key Hilton Garden Inn Victoria—an institutional, high-quality, select-service hotel asset in the growing submarket of Victoria, Texas. Benefiting from a diversified local economy, with a regional population of over 230,000, Victoria is strategically located within a two-hour drive of Houston, San Antonio, Austin, and Corpus Christi. PRICE REDUCTION: $13,500,000 Ownership is motivated to sell the property and has agreed to reduce the price to $13,500,000, or $114,400 per key. Please contact James Rebullida for more details.

FOR SALE DETAILS

PRICE

$13,400,000 USD

PRICE/SF

$147 USD /SF

# OF ROOMS

118

PRICE/ROOM

$113,559 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hilton Garden Inn Victoria

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2013

PARKING SPACES

155

LAND DETAILS

LAND ACRES

3.4 AC

LAND SF

148,104 SF

ZONING

C-1

APN/PARCEL ID

20374344

ASK ABOUT THIS PROPERTY

713-955-5580

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713-955-5580

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