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160 Wagon Point Dr
Houston, TX 77090

Price Upon Request

Hotel For Sale  •  66,495 SF

Property Details

  • Property Type Hotel
  • Total Building Size 66,495 SF
  • Lot Size 2.68 AC
  • Building Class B
  • Year Built 2016
  • Zoning Unzoned
35 Transit Score
59 Walk Score

Highlights

Excellent value-add opportunity for a new investor to enter the Hilton brand family at a price well below replacement cost at $85,000 per key.
The hotel’s rooms revenue for the TTM period ending in August 2024 equated to $2,250,000 (rounded)—a 16.1% increase compared to last year.
An investor can expect a new, long-term, 15-year franchise agreement with Hilton.
The change-of-ownership property improvement plan (PIP) report can be found in the virtual deal room (VDR).
The property is located ten miles from George Bush Intercontinental Airport (IAH), which is convenient for both business and leisure travelers.
There is an attractive seller financing option available for a qualified buyer, please reach out to the deal team for more details.

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Digital key

Public Transportation

AirportDriveWalkDistance
George Bush Intcntl/Houston 18 min - 11.9 mi
William P Hobby 47 min - 31.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 91
Type: Surface
Included in Rent: Yes
Eric Guerrero 713-955-0012 HVS
Eric Guerrero 713-955-0012 HVS