Hilton Garden Inn Houston Cypress Station | 160 Wagon Point Dr
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Hilton Garden Inn Houston Cypress Station 160 Wagon Point Dr
118 Room Hotel Houston, TX 77090 For Sale
Investment Highlights
- Excellent value-add opportunity for a new investor to enter the Hilton brand family at a price well below replacement cost at $85,000 per key.
- An investor can expect a new, long-term, 15-year franchise agreement with Hilton.
- The property is located ten miles from George Bush Intercontinental Airport (IAH), which is convenient for both business and leisure travelers.
- The hotel’s rooms revenue for the TTM period ending in August 2024 equated to $2,404,000 (rounded)—a 22.0% increase compared to last year.
- The change-of-ownership property improvement plan (PIP) report can be found in the virtual deal room (VDR).
- There is an attractive seller financing option available for a qualified buyer, please reach out to the deal team for more details.
Executive Summary
For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=146850
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 118-key Hilton Garden Inn Houston Cypress Station, a select-service hotel asset located in the North Houston submarket. This offering presents an excellent value-add opportunity for an investor to enter the Hilton brand family at a price well below replacement cost.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 118-key Hilton Garden Inn Houston Cypress Station, a select-service hotel asset located in the North Houston submarket. This offering presents an excellent value-add opportunity for an investor to enter the Hilton brand family at a price well below replacement cost.
Property Facts
| Sale Type | Investment | No. Rooms | 118 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2016 |
| Building Class | B | Parking Ratio | 1.36/1,000 SF |
| Lot Size | 2.68 AC | Corridor | Interior |
| Building Size | 66,495 SF |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.68 AC |
| Building Size | 66,495 SF |
| No. Rooms | 118 |
| No. Stories | 4 |
| Year Built | 2016 |
| Parking Ratio | 1.36/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 118 | $98.00 | - |
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PROPERTY TAXES
| Parcel Number | 1343720010001 | Improvements Assessment | $3,518,116 |
| Land Assessment | $934,480 | Total Assessment | $4,452,596 |
PROPERTY TAXES
Parcel Number
1343720010001
Land Assessment
$934,480
Improvements Assessment
$3,518,116
Total Assessment
$4,452,596
zoning
| Zoning Code | Unzoned |
| Unzoned |
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Hilton Garden Inn Houston Cypress Station | 160 Wagon Point Dr
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