889 W Bay Area Blvd - Hospitality FOR SALE


Webster, TX 77598
$4,550,000 USD
832-563-4157
889 W Bay Area Blvd, Webster, TX for Sale
$4,550,000 USD
Hospitality - FOR SALE
1/29
null | 8.13% Cap Rate

889 W Bay Area Blvd
Webster, TX 77598


HIGHLIGHTS

  • Complete 2024/2025 Capital Improvement
  • Strategic Market Position: Ranked 3rd in occupancy and 4th in ADR
  • Prime Connectivity: Situated with easy access to I-45, providing a seamless commute for guests and a short drive from Hobby Airport.
  • .Premier Amenities & Entertainment: A large array of entertainment options is nearby, including boating, sailing, and charter tours. Dining
  • Near NASA Johnson Space Center, Exploration Park, 3 Major Medical Hospitals, Shopping
  • 77 Rooms, $59, 091/Key

OVERVIEW

Acquire a fully renovated, stabilized turnkey asset in the heart of Webster’s booming aerospace corridor. Optimized for an Owner-Operator, this property offers high-yield potential with no deferred maintenance and competitive franchise fees. INVESTMENT HIGHLIGHTS • Complete 2024/2025 Transformation: Renovations include a new roof, exterior beautification, and a full interior overhaul. • Modern Guest Experience: All 77 rooms feature brand-new furniture, carpets, A/C units, and upgraded electrical systems. • Stabilized Performance: Currently ranked 4th in occupancy and 4th in ADR within its competitive set. • Top-Tier Amenities: Features a tastefully renovated outdoor pool with a new pergola, a 24-hour fitness center, and a breakfast area.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$160 USD /SF

# OF ROOMS

77

PRICE/ROOM

$59,091 {currency}

CAP RATE

8.13%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Webster Hotel NASA

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1983

PARKING SPACES

133

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

None

APN/PARCEL ID

1205010000001

ASK ABOUT THIS PROPERTY

Faye AusmusAusmus Premier PropertiesMore Info
832-563-4157

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Faye AusmusAusmus Premier PropertiesMore Info
832-563-4157

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