14055 Park Dr - Hospitality FOR SALE
Tomball, TX 77377 |
14055 Park Dr
Tomball, TX 77377
HIGHLIGHTS
- Absentee-owned hotel with upside for a more hands-on owner operator to restructure operations and increase NOI flow-through.
- In 2023, the hotel achieved rooms revenues of $1,900,000, reflecting its highest performance since 2018.
- The property benefits from its excellent visibility and location off State Highway 249.
- Property is well-maintained by current ownership, minimal change-of-ownership PIP expected.
- Tomball has become a key business destination within Greater Houston and is home to over 1,500 businesses and nearly 14,000 employees.
- Tomball is home to several popular wedding venues, including Boxwood Manor, Ella’s Garden, Sandlewood Manor, and The Estates at Pecan Park.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Express Houston NW Tomball
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
42300
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2015
PARKING SPACES
72
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1316010010001
