2710 Nasa Pkwy - Hospitality FOR SALE
Seabrook, TX 77586 |
2710 Nasa Pkwy
Seabrook, TX 77586
HIGHLIGHTS
- The hotel’s rooms revenue for the trailing-twelve-month (TTM) period through September 2025 equated to $1,683,000 (rounded).
- Upon approval from the franchisor and completion of the change-of-ownership PIP, an investor can expect a new, 15-year license agreement with IHG.
- The hotel opened in 2019, and ownership has maintained the physical asset well; thus, a minor change-of-ownership PIP is expected.
- Underperforming asset presenting significant upside through revenue growth and operational expense efficiencies.
- This offering provides an investor with the opportunity to acquire an IHG-branded hotel asset at less than $84,000 (rounded) per key.
- Prime location with many demand generators, including NASA Johnson Space Center, Kemah Boardwalk, Bayport Industrial District and the Port of Houston.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Express & Suites NASA - Boardwalk
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
53480
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2019
PARKING SPACES
96
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0410080090034
