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15321 Vantage Pky E
Houston, TX 77032
Springwood Suites · Hospitality Property For Sale · 40,381 SF
Investment Highlights
- Free Accessible Parking
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2001/2012 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.44 AC | Parking Ratio | 1.51/1,000 SF |
| Building Size | 40,381 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.44 AC |
| Building Size | 40,381 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2001/2012 |
| Tenancy | Single |
| Parking Ratio | 1.51/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- Meeting Event Space
About 15321 Vantage Pky E , Houston, TX 77032
60-Unit All Suites Hospitality Property located off of Beltway 8 between Interstate 45 and Highway 59/Interstate 69 near the George Bush Intercontinental Airport. The property underwent a thorough renovation in 2011-2012, with essentially everything replaced or updated in the property. Additionally, the property has a 3 bedroom/2 bathroom home on the lot of the property, which would easily allow the potential for owner operation as a hotel or any other business. The property was formerly a Quality Suites, but the franchise affiliation was not continued as franchise support was not present for the property due to oversaturation of Choice Hotels products in the vicinity. The property could easily be converted to apartments, or to assisted living. If interested in continuing to operate as a hotel, many branding opportunities would be available and are interested. Current ownership is solely interested in selling as they are doing a complete overhaul of their portfolio. The property has historically performed well, but has been affected due to COVID in 2020.
PROPERTY TAXES
| Parcel Number | 1147900000013 | Improvements Assessment | $926,800 |
| Land Assessment | $436,080 | Total Assessment | $1,362,880 |
PROPERTY TAXES
zoning
| Zoning Code | CM (Commercial Motel) |
| CM (Commercial Motel) |
Learn More About Investing in Hospitality Properties
