4606 Westway Park Blvd - Hospitality FOR SALE
Houston, TX 77041 |
4606 Westway Park Blvd
Houston, TX 77041
HIGHLIGHTS
- 2012-built, 113-room, Holiday Inn & Suites that sits on 2.04 acres of land in in Westway Park, Houston’s 150-acre master-planned business park.
- As of the TTM May 2023 the Hilton Garden Inn’s RevPAR is 76% higher and the Courtyard’s RevPAR is 46% higher than the Holiday Inn.
- The hotel’s average annual pre-COVID room revenue from years (2013-2019) was approximately $3MM per year.
- The hotel is absentee owned and has been operated by 2 different management companies over the last 2 years.
- The hotel features 3,300 square feet of flexible banquet and meeting space, one of the largest meeting rooms in the area.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Holiday Inn & Suites Houston West - Westway
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
88878
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2010
PARKING SPACES
101
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
N/Ap
APN/PARCEL ID
1242860010001
