3606 89th St | Galveston, TX 77554
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- LoopNet Team
3606 89th St
Galveston, TX 77554
Comfort Suites Galveston · Hospitality Property For Sale · 38,313 SF
Investment Highlights
- Offered via RealINSIGHT Online Auction on Sept 10–12th.
- Based on HVS pro-forma projections, stabilized rooms revenue in 2025 is anticipated to exceed $1,550,000, with an NOI flow-through of $487,000.
- There is over $1 billion in investment development activity spread across four large projects coming to the Galveston market.
- The 57-key count is considered an ideal size for an experienced owner/operator.
- The change-of-ownership PIP report has been uploaded to the virtual deal room (VDR).
- The property has an irreplaceable location just off Seawall Boulevard where guests can walk to the beach and Galveston Fishing Pier.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 38,313 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built | 2007 |
| Lot Size | 1.79 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.79 AC |
| Building Size | 38,313 SF |
| No. Stories | 3 |
| Year Built | 2007 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 2433-0000-0001-000 | Improvements Assessment | $2,178,710 |
| Land Assessment | $585,790 | Total Assessment | $2,764,500 |
PROPERTY TAXES
Parcel Number
2433-0000-0001-000
Land Assessment
$585,790
Improvements Assessment
$2,178,710
Total Assessment
$2,764,500
zoning
| Zoning Code | HDDZ-4 |
| HDDZ-4 |
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