1350 Broadfield Blvd - Hospitality FOR SALE
Houston, TX 77084 |
1350 Broadfield Blvd
Houston, TX 77084
HIGHLIGHTS
- Marriott Hotel Fraction of Replacement Cost: The Hotel was constructed in 2015 and is priced significantly below replacement costs.
- Lender Approved Short Sale: The Hotel is being sold below current outstanding loan amount. (Ask Broker for details).
- Underperforming Market: The Hotel is underperforming the market with a 68.6 RevPAR index as of TTM 04.2022. »
- Excellent Location: The Property is located within proximity to the following major companies: Diamond Offshore Drilling Inc., Shell, BP, Wood Group,
- Mustang Engineering, Transocean Offshore, Alliance WG Engineering, and Conoco Phillips.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
STATUS
Converted
BUILDING DETAILS
PROPERTY NAME
SpringHill Suites Houston I 10 West
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
65080
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2015
PARKING SPACES
102
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1181920010005
