La Quinta Inns & Suites Houston West Park 10 15225 Katy Fwy
117 Room Hotel Houston, TX 77094 $7,000,000 ($59,829/Room)



INVESTMENT HIGHLIGHTS
- The Houston Energy Corridor District is at the forefront of advancing economic vitality in a safe, accessible,well-maintained, distinctive environment
EXECUTIVE SUMMARY
La Quinta 117 Rooms to be Sold About less Than 60k per Room On 2.7 Acres On I10 In Energy Corridor Of Houston .
Can be Converted to Spark from Hilton Or Any Other Brand Available in the Area which Buyer is Comfortable Converting it to . (Liquidation damages if Any has to be paid by Buyer at Closing ).
Can be Converted to Any Other Wyndham Franchise Like Baymont Inn And Suites Etc .
Can be Converted to Spark from Hilton Or Any Other Brand Available in the Area which Buyer is Comfortable Converting it to . (Liquidation damages if Any has to be paid by Buyer at Closing ).
Can be Converted to Any Other Wyndham Franchise Like Baymont Inn And Suites Etc .
PROPERTY FACTS
Price | $7,000,000 |
Price Per Room | $59,829 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.70 AC |
Building Size | 61,630 SF |
No. Rooms | 117 |
No. Stories | 3 |
Year Built/Renovated | 1997/2014 |
Tenancy | Single |
Parking Ratio | 1.72/1,000 SF |
Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 4 | $139.00 | - |
Guest Room | 113 | $79.00 | - |
PROPERTY TAXES
Parcel Number | 1153400000008 | Improvements Assessment | $857,182 |
Land Assessment | $2,944,650 | Total Assessment | $3,801,832 |
ZONING
Zoning Code | N/A |