Hampton Inn Houston NASA Johnson Space Center 3000 Nasa Pky

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Hampton Inn Houston NASA-Johnson Space Center (‘Hotel’ or ‘Property’) located in Seabrook, Texas. The Hilton International-branded Hotel is being offered at $7,650,000 or $109,286 per key.
Located at 3000 NASA Road 1, in Seabrook, Texas, this 70-room, three-story property boasts interior corridors and enjoys a prime location within a mile of State Highway 146. This highway serves as a pivotal route connecting Galveston and Houston, traversing the heart of Seabrook. The property is equipped with various amenities designed to enrich the guest experience, including a seasonal outdoor pool, fitness center, business center, and 80 square feet of meeting/event space.
Strategically positioned within the Houston-The Woodlands-Sugar Land Metropolitan Statistical Area (MSA), Seabrook, Texas, offers a prime location for investment. Approximately 25 miles northwest lies downtown Houston, the primary city within this MSA, while Galveston is about 35 miles southeast along the coastal region. The property benefits from this strategic location, facilitating business interactions and regional accessibility in the Gulf Coast area. Austin, the state capital, is situated approximately 165 miles northwest, and Dallas is roughly 260 miles to the north. The Louisiana border, approximately 50 miles to the east, and the Oklahoma border, about 275 miles to the north, further enhance the property's strategic positioning within the Houston MSA. Moreover, the property is conveniently located approximately 21 miles from William P. Hobby Airport and 45 miles from George Bush Intercontinental Airport, providing seamless travel access for domestic and international visitors.
Situated along Clear Lake and Galveston Bay, the property presents a compelling investment opportunity enriched by its proximity to several key attractions and institutions. Just 3.4 miles away is NASA Johnson Space Center, a major employer drawing over a million visitors annually to its expensive $1.5 billion complex, which includes a 250,000 square foot educational facility. Less than 3 miles from the property is Kemah, Texas, home to the renowned Kemah Boardwalk, attracting approximately 4 million visitors yearly. Within a 30-mile radius of the property, the Galveston Seawall entices approximately 7 million visitors annually with its historic 10-mile stretch of beaches and diverse dining establishments, further enhancing the property's appeal as a leisure destination. Additionally, the property is strategically positioned 6.4 miles from the University of Houston-Clear Lake, established in 1974 and offering over 90 graduate and undergraduate programs. As part of the University of Houston System, it operates multiple campuses, including locations in Clear Lake, Pearland, and the Texas Medical Center.
The property's advantageous location also includes proximity to major business parks and economic anchors, such as the Bay Area Houston Economic Partnership, supporting industries ranging from aerospace to healthcare. With convenient access to Houston's prominent sports stadiums—NRG Stadium (Houston Texans – 31.8 miles), Toyota Center (Houston Rockets – 28.7 miles), and Minute Maid Park (Houston Astros – 29.1 miles)—the property offers an appealing blend of coastal charm, business opportunities, educational resources, and recreational amenities. This unique combination positions the property as an ideal investment destination for catering to a diverse array of discerning travelers, including leisure visitors, corporate travelers attending conferences, and sports enthusiasts attending events year-round. Hampton Inn, a cornerstone of the Hilton family, epitomizes hospitality with its commitment to guest comfort and convenience. As part of Hilton, renowned for its Hilton Honors Rewards program and expansive upper midscale and upscale portfolio, Hampton Inn stands out for its dedication to providing complimentary breakfast, well-equipped gyms, refreshing pools, in-house convenience shops, business areas, and pet friendly accommodations. Emphasizing practical amenities and a welcoming atmosphere, Hampton Inn caters to both business and leisure travelers seeking reliable and comfortable stays. Its strong alignment with Hilton’s brand ethos of exceptional service and guest satisfaction makes Hampton Inn a compelling investment opportunity within Hilton’s esteemed hospitality portfolio.
The Hotel’s impressive RevPAR Penetration Index of 151 percent in the trailing 12 months of Aug 2024 and a projected sustained index of 181 percent over the next five years offer significant advantages to prospective buyers. These advantages include heightened room revenues, excess capital for renovations, and operational benefits such as improved cash flow and economies of scale.