9638 Plainfield St - Hospitality FOR SALE


Houston, TX 77036- Westwood
$4,500,000 USD
832-244-6830
9638 Plainfield St, Houston, TX for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

9638 Plainfield St
Houston, TX 77036
Westwood


HIGHLIGHTS

  • Great Location-Right Near Freeway
  • Opportunity Zone
  • Huge Investment Opportunity

OVERVIEW

This offering presents a compelling entry point into Houston's resilient budget hospitality market. The property has been in active operation since October 2020 under the current ownership and carries an active OYO Hotels & Homes franchise agreement, providing global online distribution, revenue management tools, and brand recognition out of the box. The property sits on a generous 2.99-acre parcel, a land footprint that provides long-term redevelopment and expansion optionality beyond its current use. Additionally, the property falls within a federally designated Qualified Opportunity Zone — a significant advantage for investors seeking to deploy capital gains tax-efficiently through a Qualified Opportunity Fund (QOF). PROPERTY HIGHLIGHTS 126 guest rooms across two stories (exterior corridor) 33,449 SF building on 2.99 acres (130,244 SF) of land Built 1979 | Renovated 2009 OYO Hotels & Homes franchise flag — active global distribution Outdoor swimming pool, patio, high-speed/public WiFi Ample surface parking (~3.44 spaces per 1,000 SF) Federally designated Qualified Opportunity Zone

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$135 USD /SF

# OF ROOMS

116

PRICE/ROOM

$38,793 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

OYO Hotel Houston Southwest

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1979

PARKING SPACES

188

LAND DETAILS

LAND ACRES

2.99 AC

LAND SF

130,244 SF

ZONING

N/A, County

APN/PARCEL ID

0770370010019

ASK ABOUT THIS PROPERTY

Mickey PatelMPR GroupMore Info
832-244-6830

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Mickey PatelMPR GroupMore Info
832-244-6830

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