832-607-1579
15813 2nd St, Channelview, TX for Sale
Hospitality - FOR SALE
1/22
null | Request Cap Rate

15813 2nd St
Channelview, TX 77530


HIGHLIGHTS

  • Comfort Suites Channelview offers a 70-key hotel investment with a prime location in the expanding Houston market.
  • Hotel is located just off Interstate 10, with prominent signage visible to more than 120,000 passing vehicles each day.
  • Modern features include a well-equipped fitness center, a business center, a reservable meeting space, and relaxing outdoor deck and pool.
  • Hotel is placed minutes from Downtown Houston, the Port of Houston, and attractions like the Battleship Texas and San Jacinto Battleground.
  • With a 63% occupancy rate and an ADR of $71, the hotel offers solid cash flow and significant potential for value-add improvements.

OVERVIEW

Comfort Suites Channelview offers investors the chance to acquire a performing major flag hotel in an exceptional location just off Interstate 10 in the Channelview suburb of Houston, Texas. Built in 2017 on a highly visible 1.99-acre lot, the hotel provides 70 keys across four floors with quality amenities. Prominent building top signage and a modern façade attract the more than 120,000 vehicles that pass by the hotel each day on the interstate. The lot accommodates elevated traffic with easy points of ingress/egress, 65 surface parking spaces, and an entryway with a porte cochere. Guests enjoy access to a well-equipped fitness center, a business center, an outdoor deck and pool, and a reservable meeting space. Comfort Suites Channelview offers several potential upsides to a new owner. No PIP has been completed on the property since construction, and a new owner can seek to complete the PIP or terminate the existing flag agreement, set to expire in three years. The hotel is an optimal candidate for a conversion to the Spark by Hilton brand. This investment provides existing cash flow with robust value-add optionality. The Comfort Suites Channelview is conveniently located only minutes from the vibrant Houston Downtown and the beautiful Port of Houston, with access to all the area's best attractions. Guests can enjoy the wild outdoors or learn about local history, staying only 13 miles from Battleship Texas State Historic Site and San Jacinto Battleground State Historic Site. The hotel is only 5 miles from the River Terrace Golf Course, and anyone searching for a more relaxed outdoor experience will find the Rio Villa Nature Trail 6 miles away. Families looking to beat the heat are only 12 miles from Pirates Bay Waterpark and Sheldon Lake State Park and less than 20 miles to Morgan’s Point and Sylvan Beach Park. With a desirable location, established cash flow, and various growth opportunities, the Comfort Suites Channelview is an outstanding investment for those looking to capitalize on a well-positioned, high-traffic hotel in the growing Houston area. https://vimeo.com/1083702484?share=copy#t=0

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

70

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Suites - Channelview (Houston MSA)

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2017

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

None

APN/PARCEL ID

1320990010001

ASK ABOUT THIS PROPERTY

Amit MehtaAmit Mehta IncMore Info
832-607-1579

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Amit MehtaAmit Mehta IncMore Info
832-607-1579

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