21010 Katy Fwy - Hospitality FOR SALE


Katy, TX 77449- Bear Creek/Copperfield
$10,500,000 USD
713-955-0012
21010 Katy Fwy, Katy, TX for Sale
$10,500,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate


HIGHLIGHTS

  • In 2025, the hotel recorded rooms revenue of $2.57 million (rounded) at an average RevPAR level of $73.
  • In 2023, the property underwent a comprehensive renovation per the brand’s “Formula Blue 2.0” design scheme.
  • Given the recent renovation, no change-of-ownership property improvement plan (PIP) is expected for new ownership upon transfer.
  • Since 2023, the hotel has outperformed/consistently dominated its competitive set, having registered an annual avg. RevPAR penetration index of 125.8%
  • Houston has been selected as a host city for the 2026 FIFA World Cup. The event is anticipated to generate elevated ADR and occupancy levels citywide.
  • Asset is being offered free and clear of any management encumbrances, offering the flexibility to revamp the operational strategies.

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=159429 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 97-key Holiday Inn Express & Suites Houston West - Katy, an IHG hotel, a recently renovated, strong-performing hotel in Houston’s Katy Freeway/Energy Corridor submarket.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$179 USD /SF

# OF ROOMS

97

PRICE/ROOM

$108,247 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Houston West

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

113

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

None

APN/PARCEL ID

1313130010003

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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