13505 North Fwy | Houston, TX 77060
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13505 North Fwy
Houston, TX 77060
ESA - Houston, TX · Hospitality Property For Sale · 51,560 SF
Investment Highlights
- Fee simple interest in the corporate-owned and managed 84-room Extended Stay America (ESA) Houston I-45 North.
- Property tours are available 3/1 /2023 - 3/3/2023, please contact the listing broker to schedule your appointment.
- Strong in-place performance with trailing-24 -month year-over-year average ADR gains of nearly 10%.
- Available for individual sale, part of a South / Southeast ‘Sun-Belt’ 17-property portfolio available in the auction events ending on March 15th-16th.
- Ability to purchase any combination of the 17-assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 51,560 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2012 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 2.09 AC | Corridor | Interior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.09 AC |
| Building Size | 51,560 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2012 |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 1189010010003 | Improvements Assessment | $2,815,509 |
| Land Assessment | $727,912 | Total Assessment | $3,543,421 |
PROPERTY TAXES
Parcel Number
1189010010003
Land Assessment
$727,912
Improvements Assessment
$2,815,509
Total Assessment
$3,543,421
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