401 Bay Area Blvd - Hospitality FOR SALE
Houston, TX 77058 |
401 Bay Area Blvd
Houston, TX 77058
HIGHLIGHTS
- A receiver was appointed in August 2020 and property ownership was transferred to the lender in March 2025.
- As of February 2025 trailing-twelve-months (TTM), the hotel earned $3,280,000 (rounded) in rooms revenue, leading to an impressive $97 RevPAR.
- An investor can expect a new, 15-year franchise license agreement with Hilton.
- The property benefits from a prime location along Bay Area Boulevard, near several attractions, restaurants, and entertainment venues.
- Property tour dates on 5/28-29 and 6/4-5, please reach out to the deal team to schedule.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Lender Owned (REO) Homewood Suites Houston
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
74988
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1995
PARKING SPACES
96
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1166440000004
