15111 Katy Fwy | Houston, TX 77094
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15111 Katy Fwy
Houston, TX 77094
Fairfield Inn & Suites · Hospitality Property For Sale · 36,942 SF
Investment Highlights
- Fee simple interest in the institutionally-owned and third-party operated 80-room Fairfield Inn & Suites by Marriott Energy Corridor.
- Significant operational upside for a prospective owner in taking over for the national third-party operator by implementing new strategies.
- Proximate to all broader area demand, including BP America and ConocoPhillips in a market with the second-highest number of Fortune 500 headquarters.
- The 93-room TownePlace Suites Energy Corridor is being offered simultaneously, providing buyers the opportunity to purchase adjacent assets.
- Situated adjacent to and directly visible from US Interstate 10 with more than 229,000 vehicles passing the location daily.
- Houston was the second fastest-growing metropolitan area from 2010-2019 and is projected to maintain that status through 2029.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2012 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.77 AC | Parking Ratio | 2.22/1,000 SF |
| Building Size | 36,942 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.77 AC |
| Building Size | 36,942 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2012 |
| Tenancy | Single |
| Parking Ratio | 2.22/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 1153400000006 | Improvements Assessment | $722,548 |
| Land Assessment | $1,923,175 | Total Assessment | $2,645,723 |
PROPERTY TAXES
Parcel Number
1153400000006
Land Assessment
$1,923,175
Improvements Assessment
$722,548
Total Assessment
$2,645,723
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