713-577-1760
29813 N I-45, Shenandoah, TX for Sale
Hospitality - FOR SALE
1/7
null | Request Cap Rate

29813 N I-45
Shenandoah, TX 77381


HIGHLIGHTS

  • Offered unencumbered, the hotel presents a strong value-add opportunity through repositioning and operational improvements.
  • The hotel is surrounded by six major hospitals. Those hospitals drive $1B in development projects over the past five years.
  • Opportunity to acquire a property at a discount to replacement cost in one of the best hotel markets in Texas with incredible barrier to entry.

OVERVIEW

CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Homewood Suites in Shenandoah, Texas. Located directly off Interstate 45, the hotel is within a short distance to The Woodlands Mall, Cynthia Woods Mitchell Pavilion, six major hospitals, an extensive complex of 120 parks and 140 miles of hiking trails, and more than 20 golf courses. This offering presents a unique opportunity to acquire a premium extended-stay asset with significant potential for value enhancement in one of the most sought-after markets in the Houston MSA.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

91

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Homewood Suites by Hilton Houston Woodlands

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2001

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.8 AC

LAND SF

121,968 SF

ZONING

None

APN/PARCEL ID

0389-00-02822

ASK ABOUT THIS PROPERTY

Michael YuCBRE, Inc.More Info
713-577-1760

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

Michael YuCBRE, Inc.More Info
713-577-1760

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