908 W G St - Hospitality FOR SALE


La Porte, TX 77571
$4,975,000 USD
832-888-0034
908 W G St, La Porte, TX for Sale
$4,975,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

908 W G St
La Porte, TX 77571


OVERVIEW

Aspen Grand Hotel La Porte: Premium Investment Opportunity Position Yourself at the Gateway of Greater Houston Hospitality Capitalize on a rare opportunity to own a fully renovated, 55-suite all-suite hotel perfectly situated to serve booming corporate and tourist demand in one of Texas’s fastest-growing hospitality markets. Why Aspen Grand Hotel La Porte Elevates Any Portfolio: Strategic Location, Powerful Demand Nestled near the Port of Houston, refineries, and major industrial employers, the hotel benefits from a steady stream of corporate travelers. La Porte remains a pivotal logistics and industrial hub The city’s hospitality landscape is primed for expansion—new Marriott-branded hotels and retail developments are underway, signaling rising market momentum. Long-standing, reliable leisure demand continues thanks to historic destinations like Sylvan Beach, the Space Center, and revitalized Main Street charm. Strong Asset with Immediate Cash Flow & Value-Add Upside A four-story, interior corridor hotel with 55 spacious suites, each equipped with kitchens, high ceilings, ice makers, plus guest laundry on two floors, pool, fitness, business center, and a sizable conference room for up to 150 guests. The property was tastefully renovated in 2020 and remains in top condition, offering a high-quality, well-maintained foundation for an investor Hotel News Resource. Independent branding gives you flexibility to enhance revenue through targeted marketing strategies, improved F&B offerings, or loyalty partnerships. Seller also offers ASPEN GRAND HOTEL Franchise free of cost. Investment Highlights at a Glance Feature Advantage for Investors Proximity to Port & Industry Driving consistent corporate bookings Local Growth Trajectory Nearby hotel development & retail growth underscore rising demand Blend of Demand Drivers Balanced food-and-beverage, group, and leisure streams Asset Condition Recently renovated, turnkey, and low operational disruption Flexible Branding Independent layout allows tailored positioning and repositioning of the asset Why the Timing Couldn’t Be Better La Porte's hospitality economy is on a rising trajectory—with multiple new hotels, including Marriott brands, and retail/restaurant expansions, signaling a growing, competitive corridor. Neighboring Hampton Inn & Suites and Home2 Suites demonstrate RevPARs ($66 and $83 respectively) that signal strong performance potential in this submarket. With limited available land and strict permitting in La Porte, particularly for premier sites visible from major corridors, high-quality hospitality properties maintain excellent scarcity value. Investor Vision: Unlocking Full Potential Boost RevPAR Through strategic revenue management, digital marketing, and optimized online presence—especially for suites and group bookings. Activate Conference Potential Expand use of the 150-seat conference space by targeting local events, training sessions, and corporate retreats. Enhance Guest Experience Add value-driven F&B amenities (grab-and-go, branded café), elevate loyalty offerings, or partner with nearby attractions for packaged deals. Plan for Expansion Leverage growing commercial interest in the area for future development—possibly extending on-site with mixed-use components. In Summary: Aspen Grand Hotel La Porte offers the perfect blend of location, quality, and opportunity: Strong fundamentals from Port-adjacent corporate demand and rising visitor numbers. Operating appeal as a modern, all-suite property with flexible branding and event capacity. Growth upside from a revitalizing local economy, increasing competition, comparable hotel performance, and property scarcity. This is more than just a property—it’s a strategic investment poised for immediate yield and future appreciation in one of Texas’s most dynamic hospitality markets. Would you like assistance developing marketing materials, obtaining a deep competitive set analysis, or refining financial projections? I'm here whenever you're ready.

FOR SALE DETAILS

PRICE

$4,975,000 USD

PRICE/SF

$111 USD /SF

# OF ROOMS

55

PRICE/ROOM

$90,455 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ASPEN GRAND HOTEL LAPORTE

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2006

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

-

APN/PARCEL ID

1262440010001

ASK ABOUT THIS PROPERTY

Sam MalikMilak, SamMore Info
832-888-0034

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Sam MalikMilak, SamMore Info
832-888-0034

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