Unpriced
Courtyard by Marriott Victoria
Details
Property Type Hospitality, Business for Sale
Sub Type Hotel, Business and Building
Square Footage 81,750
Keys 109
Tenancy Single
Brand/Tenant Starbucks, Marriott
Class A
Year Built 2014
Stories 4
Zoning C-2
Parking Spaces 103 spaces
Parking per 1,000 SqFt 1.26
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple
109-key, four-story, interior-corridor hotel operating under the Courtyard by Marriott® flag in Vict
Marketing description
As exclusive advisor to ownership, Amin Realty is pleased to present the fee-simple sale of the Courtyard by Marriott Victoria (the "Hotel" or "Property"), a 109-key, four-story, interior-corridor upscale select-service hotel located at 8002 North Navarro Street in Victoria, Texas. Opened in September 2014, the Hotel is the newest Courtyard-branded product in the market and one of the most contemporary institutional-quality hotels in the Victoria trade area.
Investment highlights
- NEWEST COURTYARD IN THE MARKET — A 109-key, four-story upscale Courtyard by Marriott opened in 2014 — the most modern branded select-service product in Victoria, with contemporary guest rooms, interior corridors, and elevator service.
- FORTRESS RETAIL-CORRIDOR LOCATION — Positioned on North Navarro Street directly across from Victoria Mall and adjacent to Cinemark, with immediate access to U.S. 77 and Loop 463 and dense surrounding retail, dining, and services.
- REVENUE-GENERATING AMENITY BASE — The Bistro full-service restaurant & bar with Starbucks®, a 24/7 Market, outdoor pool and whirlpool, fitness center, business center, flexible meeting space, and on-site laundry.
- DIVERSIFIED, DURABLE DEMAND — Anchored by Formosa Plastics, Caterpillar, INVISTA, Inteplast and Dow Seadrift, two regional hospitals, UH-Victoria & Victoria College, and the Port of Victoria — year-round corporate, medical, and project demand.
- STABILIZED CASH FLOW — Three years of owner-reported operations averaging ~$826,760 of NOI, reaching a 29.8% NOI margin in FY2025 — an attractive in-place yield with upside through revenue management.
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