160 Wagon Point Dr | Houston, TX 77090
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160 Wagon Point Dr
Houston, TX 77090
Hilton Garden Inn Houston Cypress Station · Hospitality Property For Sale · 66,495 SF
INVESTMENT HIGHLIGHTS
- Excellent value-add opportunity for a new investor to enter the Hilton brand family at a price well below replacement cost at $84,000 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 November 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.
PROPERTY FACTS
| 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 |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.68 AC |
| Building Size | 66,495 SF |
| 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
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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