7979 Fannin St - Hospitality FOR SALE


Houston, TX 77054- Medical Center South
$35,000,000 USD
713-398-5009
7979 Fannin St, Houston, TX for Sale
$35,000,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

7979 Fannin St
Houston, TX 77054
Medical Center South


HIGHLIGHTS

  • Close Proximity to NRG, Med Center, and Rice
  • Could be used as income producing property
  • Potential future redevelopment

OVERVIEW

3.23 acres of sprawling land in the heart of Houston's vibrant Medical Center district! Formerly operating as a 167-room Extended Stay America hotel. This versatile site features three buildings with a total of approximately 51,140 square feet of space, including exterior corridors for convenient guest access. While it has served as a reliable hospitality hub in the past, envision the possibilities: Revitalize it into a modern, operational hotel with targeted updates to capitalize on Houston's booming tourism and event scene. Or, seize the chance for complete redevelopment—whether as upscale apartments, mixed-use commercial space, or innovative medical-adjacent facilities—the sky's the limit in this high-demand area. With Houston's dynamic growth and endless foot traffic from NRG events and the Med Center, this property represents a rare blend of immediate potential and long-term value. Don't miss your shot to own a slice of the city's most exciting corridor—contact us today to explore this standout opportunity

FOR SALE DETAILS

PRICE

$35,000,000 USD

PRICE/SF

$1,049 USD /SF

# OF ROOMS

167

PRICE/ROOM

$209,581 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7979 Fannin

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1995

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.23 AC

LAND SF

140,847 SF

ZONING

-

APN/PARCEL ID

1182320010001

ASK ABOUT THIS PROPERTY

Toke EttehadiehToke Properties LLCMore Info
713-398-5009

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Toke EttehadiehToke Properties LLCMore Info
713-398-5009

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