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720 W Bay Area Blvd
Webster, TX 77598

ESA NASA Houston TX · Hospitality Property For Sale · 46,812 SF

INVESTMENT HIGHLIGHTS

  • Fee-simple interest in the corporate-owned and corporate-managed 86-room Extended Stay America (ESA) Houston NASA/Bay Area.
  • Ability to purchase any combination of the 20 assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
  • Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
  • Tours Available July 10 & 11. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
  • Strong performance gains with a trailing 3-month increase in occupancy of +10%.
  • Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.

PROPERTY FACTS

Sale Condition Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.33 AC
Building Size 46,812 SF
No. Stories 3
Year Built/Renovated 1997/2024
Parking Ratio 1.88/1,000 SF
Corridor Interior

AMENITIES

  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

PROPERTY TAXES

  • Listing ID: 28675928

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 720 W Bay Area Blvd, Webster, TX 77598