713-373-9727
15385 Katy Fwy, Houston, TX for Sale
Hospitality - FOR SALE
1/22
null | 10% Cap Rate

15385 Katy Fwy
Houston, TX 77094
Energy Corridor


HIGHLIGHTS

  • Strong Existing Cash Flow
  • Prime Value-Add Opportunity
  • Resilient Performance Through Economic Downturns
  • Attractive Multifamily Potential

OVERVIEW

Positioned between two of Houston’s highly sought after neighborhoods —Memorial to the east and Katy to the west—the Extended Stay America – Energy Corridor is an institutionally owned asset offering a compelling value-add opportunity with strong existing cash flow. This asset caters to both corporate and relocation guests and provides investors with multiple upside strategies, including post-renovation ADR growth and multifamily conversion. Strategically located along I-10—the Extended Stay America – Energy Corridor sits in the heart of one of Houston’s most prominent business hubs. The area is anchored by major energy corporations and consistent corporate demand drivers. Within a five minute radius are the headquarters and regional offices of industry leaders including BP North America, ConocoPhillips, Baker Hughes, Shell Oil, Wood Group, Citgo, and Sysco Corporation. The property also benefits from strong retail and entertainment adjacencies, sitting directly across from Topgolf and just seven minutes from premier shopping and dining destinations such as CityCentre and Memorial City Mall. This exceptional location supports a diverse and steady stream of corporate, relocation, and leisure travelers, making the asset a highly attractive investment opportunity.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

145

CAP RATE

10%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Extended Stay America Houston - Katy Freeway

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1999

PARKING SPACES

138

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,000 SF

ZONING

N/Ap, Houston

APN/PARCEL ID

1153400000010

ASK ABOUT THIS PROPERTY

Gerrit StrykerUnited Real EstateMore Info
713-373-9727

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Gerrit StrykerUnited Real EstateMore Info
713-373-9727

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