7611 Katy Fwy | Houston, TX 77024
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7611 Katy Fwy
Houston, TX 77024
Crowne Plaza Houston Galleria Area · Hospitality Property For Sale · 136,373 SF
Investment Highlights
- Situated along Katy Freeway with direct access to the Galleria, Houston's most affluent residential neighborhoods and Houston's primary thoroughfares.
- The current construction cost for a new full-service hotel is approximately $400,000 per room.
- Opportunity to acquire the hotel at an attractive basis below replacement cost.
- Features include high-end amenities, an outdoor pool with cabanas, a 24-hour fitness center, and a recently renovated restaurant and bar.
- Positioned to capture business travel with over 10,000 SF of meeting space and proximity to Houston’s top office markets.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1972/2012 |
| Building Class | B | Parking Ratio | 2.2/1,000 SF |
| Lot Size | 2.79 AC | Corridor | Interior |
| Building Size | 136,373 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.79 AC |
| Building Size | 136,373 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1972/2012 |
| Parking Ratio | 2.2/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
PROPERTY TAXES
| Parcel Number | 0690140030052 | Improvements Assessment | $4,896,893 |
| Land Assessment | $6,085,350 | Total Assessment | $10,982,243 |
PROPERTY TAXES
Parcel Number
0690140030052
Land Assessment
$6,085,350
Improvements Assessment
$4,896,893
Total Assessment
$10,982,243
zoning
| Zoning Code | F1 |
| F1 |
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