720 W Bay Area Blvd - Hospitality FOR SALE
Webster, TX 77598 |
720 W Bay Area Blvd
Webster, TX 77598
HIGHLIGHTS
- Fee-simple interest in the corporate-owned and corporate-managed 86-room Extended Stay America (ESA) Houston NASA/Bay Area.
- Tours Available July 10 & 11. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
- Ability to purchase any combination of the 20 assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Strong performance gains with a trailing 3-month increase in occupancy of +10%.
- Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
- Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
ESA NASA Houston TX
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
46812
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1997
PARKING SPACES
93
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
1183300010001
