14450 Park Row - Hospitality FOR SALE


Houston, TX 77079- Energy Corridor
$9,000,000 USD
713-955-5580
14450 Park Row, Houston, TX for Sale
$9,000,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

14450 Park Row
Houston, TX 77079
Energy Corridor


HIGHLIGHTS

  • The all-suite design promotes guest independence, yielding to lower housekeeping costs and potentially higher profits.
  • An investor can expect a new, 15-year franchise license agreement with Hilton.
  • In 2023/24, the property underwent an extensive, $2.0-million ($27,000 per key) renovation that addressed the guestrooms and interior common areas.
  • In 2025, the hotel recorded rooms revenue of $2.1 million (rounded) at an average RevPAR level of $78.
  • The property is strategically located off the Interstate 10/Katy Freeway/Energy Corridor, proximate to many dining, retail, and entertainment options.
  • This opportunity presents an investor the ability to acquire the property at a price well below replacement cost at $121,600 (rounded) per key.

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=160935 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 74-key Homewood Suites by Hilton Houston West - Energy Corridor, a limited-service, extended-stay hotel asset in the Katy Freeway/Energy Corridor Houston submarket. This is an excellent opportunity for a private investor to enter the Hilton brand family with a recently renovated, highly sought-after, extended-stay product at a price well below replacement cost.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$145 USD /SF

# OF ROOMS

74

PRICE/ROOM

$121,622 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Homewood Suites by Hilton Houston West

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

135

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,634 SF

ZONING

N/Ap

APN/PARCEL ID

1214840010004

ASK ABOUT THIS PROPERTY

713-955-5580

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713-955-5580

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