Listed by Seth Equities
$6,600,000
Best Western Plus Pearland/Houston Medical Center
Details
APN 1341160010010
Property Type Hospitality
Sub Type Hotel, Motel
Keys 61
Pro-Forma Cap Rate 10.3%
Pro-Forma NOI $680,000
Broker Co-Op No
Year Built 2025
Stories 3
Acreage 1.000
Zoning N/A
Investment Type Owner/User
Ownership Fee Simple
Best Western Plus | New Construction | Pearland/Houston Med Center | 61 Keys
Marketing description
Seth equities is pleased to exclusively offer the exceptional opportunity to acquire a newly constructed, upper-midscale best western plus hotel. Strategically situated at 14402 old chocolate bayou rd, houston, tx 77048, this hotel is perfectly positioned to benefit from substantial local demand drivers.
Visit the deal room at the link below.
https://dealroom.creop.com/SignIn/dXNKeHZtc0p1a0pxQkRpM1Uxam1Oc1N6T3FuMndZR2U5SERrbG9GTy9oQT0=
Investment highlights
- 61 Rooms: Modern mix of king and double-queen configurations
- New Construction: Scheduled opening June 2025; zero immediate capital improvements required
- Strong Revenue Projections: Stabilized RevPAR forecasted at $74
- Cost-Efficient Operation: Energy-efficient building standards, full warranties, and accelerated depreciation benefits
- Less than 10 miles from Texas Medical Center (120,000+ employees, 10M patient encounters annually)
- Approximately 7 miles from William P. Hobby Airport (14.6M annual passengers)
- Minutes from Pearland Town Center retail district and NASA Johnson Space Center
- Easy access to major thoroughfares (SH-288, Beltway 8, Loop 610), Downtown Houston, Port Houston, and Energy Corridor
Listing Contacts
Listed by Seth Equities
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