7979 Willow Chase Blvd - Hospitality FOR SALE
Houston, TX 77070 |
7979 Willow Chase Blvd
Houston, TX 77070
HIGHLIGHTS
- Lender-owned, 171-room, six-story Hilton Garden Inn located along Highway 249, a major thoroughfare in the northwest corridor of Houston.
- Strong upside upon the completion of the PIP, offering considerable potential for market penetration for a prospective investor.
- Due to the conversion of several hotel rooms for alternative use, there is now a limited availability of hotel accommodations in the area.
- The Hilton Garden Inn has demonstrated increasing revenue trends with Room Revenue and RevPAR in 2023 exceeding the same period in 2022 by 20%.
- Nearby a wealth of diverse demand drivers, including Chasewood Technology Park, Lone Star College–University Park, St. Luke’s Hospital, and more.
- Houston is the second fastest-growing major metro area in the U.S. and the fifth most populated metro in the nation.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Lender-Owned Hilton Garden Inn Houston NW
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
106645
STORIES
6
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2002
PARKING SPACES
180
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
F1
APN/PARCEL ID
1207520010003
