4606 Westway Park Blvd - Hospitality FOR SALE


Houston, TX 77041- Westbranch
$7,250,000 USD
210-343-7831
4606 Westway Park Blvd, Houston, TX for Sale
$7,250,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

4606 Westway Park Blvd
Houston, TX 77041
Westbranch


HIGHLIGHTS

  • Five-story, 113-room Holiday Inn & Suites with direct access from W. Sam Houston Parkway North in Houston’s thriving Westway Park Submarket.
  • Proximity to major employers including Schlumberger, Baker Hughes, Schneider Electric, Travelers, CyrusOne, and Seadrill drives corporate occupancy.
  • Offered at only $64,159 per key, representing a significant discount to estimated replacement value and providing an attractive entry point for inves
  • Over $60,000 invested in 2025, including exterior brick replacement, fire safety upgrades, lighting and signage updates, and spa pump replacement.
  • Houston, the nation’s 4th-largest city, offers a diversified economy with energy, healthcare, and technology; access to IAH (23.5 mi) and HOU(27.3 mi)
  • Close to Memorial City Mall, CityCentre, the Galleria, and downtown Houston, plus leading cultural and entertainment attractions.

OVERVIEW

Prime Location in Houston’s Westway Park : Five-story, 113-room Holiday Inn & Suites with direct access from W. Sam Houston Parkway North in Houston’s thriving Westway Park submarket. Priced Well Below Replacement Cost: Offered at only $64,159 per key, representing a significant discount to estimated replacement value and providing an attractive entry point for investors. Diverse Corporate and Transient Demand: Proximity to major employers including Schlumberger, Baker Hughes, Schneider Electric, Travelers, CyrusOne, and Seadrill drives consistent corporate occupancy. Extensive Meeting & Event Capabilities: 3,300 SF of flexible banquet and meeting space accommodating up to 200 guests with full-service catering and audiovisual support. Recent Capital Improvements: Over $60,000 invested in 2025, including exterior brick replacement, fire safety upgrades, lighting and signage updates, and spa pump replacement. Room Revenue Upside: Houston Northwest’s 12-month RevPAR is up 3.6%, signaling growth. With a 75% index and $64K/key pricing, strategic revenue management could lift room revenue to $1.9–$2.3M. Strong Market & Accessibility: Houston, the nation’s 4th-largest city, offers a diversified economy with energy, healthcare, and technology; convenient access to IAH (23.5 miles) and HOU (27.3 miles). Nearby Retail & Lifestyle Amenities: Close to Memorial City Mall, CityCentre, the Galleria, and Downtown Houston, plus leading cultural and entertainment attractions.

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$82 USD /SF

# OF ROOMS

113

PRICE/ROOM

$64,159 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn & Suites Houston West - Westway

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

101

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

F1

APN/PARCEL ID

1242860010001

ASK ABOUT THIS PROPERTY

Allan MillerMarcus & MillichapMore Info
210-343-7831

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Allan MillerMarcus & MillichapMore Info
210-343-7831

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