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29697086
29671406

889 West Bay Area Boulevard, Webster, TX 77598 For Sale

FA
TX 9005067, TX 431224
Ausmus Premier Properties
Listed by Ausmus Premier Properties
$4,550,000
156 days on market
Updated 8 days ago

Best Western Hotel- Webster

Details
APN 1205010000001
Property Type Hospitality, Business for Sale
Sub Type Hotel, Motel (+1)
Square Footage 28,500
Keys 77
Occupancy 65%
Brand/Tenant Best Western
Price per SqFt $160
Year Built 1983
Year Renovated 2024
Stories 2
Acreage 1.510
Zoning None
Parking Spaces 4.67 per 1,000 sq ft
Investment Type Stabilized
Ground Lease No

Hospitality | 77 Keys | $59,091/key

Marketing description

Investment Opportunity

Offered below replacement cost, this property allows a new owner to step into a stabilized, modern asset in a market fueled by multi-billion dollar infrastructure and entertainment growth.

This property is a prime turnkey investment situated in the heart of Webster’s booming commercial and aerospace corridor. Following a comprehensive full-scale renovation, this 77-key boutique hotel is perfectly positioned for an owner-operator to capitalize on the region's aggressive economic expansion.

Unbeatable Location & Demand Drivers

  • Aerospace & Innovation: Directly adjacent to the NASA Johnson Space Center. Market demand is surging due to the Texas A&M University System’s 2024 Exploration Park, a massive R&D hub for human spaceflight and advanced lunar research.

  • Medical & Retail Epicenter: Located minutes from a dense cluster of major and specialty hospitals. The hotel is within walking distance of a premier selection of dining, ranging from fast-casual to fine dining.

  • Leisure & Accessibility: Just a short drive to the Kemah Boardwalk and regional boating/charter hubs. Bay Brook Mall and multiple Fine Dining a very short drive. Exceptional logistics with immediate access to I-45 and a quick commute to Houston Hobby Airport.

Investment highlights

  • Complete 2024/2025 Capital Improvement: The property has undergone a total transformation, including a new roof, modern exterior beautification, and a full interior overhaul. Every guestroom features brand-new furniture, carpets, A/C units, and upgraded electrical systems.

  • Strategic Market Position: Ranked 3rd in occupancy and 4th in ADR within its competitive set, the hotel demonstrates strong historical performance with significant room for margin expansion under hands-on management.

  • Owner-Optimized: Benefit from competitive Best Western franchise fees and an operational structure designed to maximize GOP for owner-operators.

  • .Premier Amenities & Entertainment: A large array of entertainment options is nearby, including boating, sailing, and charter tours. The hotel is minutes from Kemah Boardwalk, Baybrook Mall, and multiple fine dining selections.

  • Prime Connectivity: Situated with easy access to I-45, providing a seamless commute for guests and a short drive from Hobby Airport.

Listing Contacts

FA
TX 9005067, TX 431224
Ausmus Premier Properties
Listed by Ausmus Premier Properties

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