www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31888304

Westborough Drive, Katy, TX 77449 For Sale

SS
TX TX 672881
The Sears Group
Listed by The Sears Group
$6,200,000
84 days on market
Updated 23 days ago

Premium Hotel | Newly Built 2023

Details
Property Type Hospitality
Sub Type Motel
Square Footage 29,604
Keys 55
Cap Rate 6.62%
NOI $410,527
Occupancy 100%
Class A
Year Renovated 2023
Acreage 1.160
Parking Spaces 2 per key
Sale Condition For sale by owner

About This Property for Sale

Marketing description

Property Overview:

This newly built (2023) extended-stay hotel represents a compelling investment for hospitality investors seeking exposure to the Energy Corridor's robust business and workforce housing demand. The 29,604 SF, three-story property features 55 fully equipped extended-stay suites, each with modern kitchens and high-speed internet.

Operational Strength:

All 55 suites feature full kitchens, encouraging longer stays and higher occupancy

Strong brand recognition and franchise support

Prime location near major employment centers and corporate offices

Consistent demand from business travelers and workforce housing market

Modern specifications with professional management systems

Unique Value-Add:

Property includes three manager residential units (4,900 SF total):

Two 1,200 SF apartments (1BR/1BA each)

One 2,500 SF main house (3BR/Multiple BA)

These units can support on-site management operations or generate additional rental income as a separate revenue stream.

Why This Property:

✓ Newly constructed asset with minimal deferred maintenance

✓ Extended-stay model = stable, long-term occupancy vs. transient hotels

✓ Favorable demographics with continued population and job growth

✓ Established brand franchise with proven operational model

✓ Additional residential units create operational flexibility and income diversification

✓ Significant upside potential as market stabilizes post-launch

Investment highlights

Modern 2023 construction

Fully equipped extended-stay concept

80 surface parking spaces (1.45 ratio)

Strong market fundamentals with continued growth

Professional operating platform

Bonus: Manager housing units

Listing Contacts

SS
TX TX 672881
The Sears Group
Listed by The Sears Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$410,527.33
$34,210.61/mo

Valuation Metrics

0
DSCR
6.62%
Cap Rate
6.62%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Shams Siddiqui
License
TX 672881
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591