2710 Nasa Pkwy - Hospitality FOR SALE


Seabrook, TX 77586
$6,700,000 USD
713-955-0012
2710 Nasa Pkwy, Seabrook, TX for Sale
$6,700,000 USD
Hospitality - FOR SALE
1/17
null | Request Cap Rate

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.

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=157527 HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 80-key Holiday Inn Express & Suites Houston NASA – Boardwalk Area, a limited-service hotel asset in the leisure-driven Seabrook area of Houston. An investor will have the ability to acquire an underperforming, well-located hotel asset with operational upside at a price significantly below replacement cost ($83,800 per key).

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

80

PRICE/ROOM

$83,750 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites NASA - Boardwalk

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

86

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

None

APN/PARCEL ID

0410080090034

ASK ABOUT THIS PROPERTY

713-955-0012

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713-955-0012

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