1000 Houston, texas, Houston, TX null

This modern 2020-built hotel boasts 100 fully equipped rooms within its 4-story structure, situated on 2.1 acres of land with 89 parking spaces available. With a strong cash flow and potential for growth, the property offers a current cap rate of 9.16%, expected to reach 10.36% when stabilized. The hotel's market performance is impressive, with a RevPAR index of 105.6%, outperforming its competition. Its strategic location in prime Northwest Houston, high corporate demand mix, and completion of all Property Improvement Plans (PIPs) make it an attractive investment opportunity. At an asking price of $8,800,000 (approximately $88,000 per key), this property is a lucrative option for investors looking to capitalize on a well-established and high-performing hospitality asset.

Contact Info: [email protected], 818-334-2111

Register at: www.radcre.com

Loan financing/services: www.radcapgroup.com