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 .

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

ZONING

Zoning Code N/A
  • Listing ID: 28692482

  • Date on Market: 11/2/2022

  • Last Updated:

  • Address: 15225 Katy Fwy, Houston, TX 77094