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10750 Gessner Rd
Houston, TX 77064
Staybridge Suites Houston Willowbrook · Hospitality Property For Sale · 74,491 SF

Investment Highlights

  • Property has been Out-Performing Its Competitive Set in Both Occupancy and RevPAR over the Past Three Years, Achieving a 120.7 Percent Average Annual
  • Located within the city limits of Houston, Texas, the fourth most populated city in the United States.
  • Opportunity for a New Owner to Increase Net Operating Income by Lowering Historically High Rooms and Administrative and General Expenses

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.75 AC
Building Size 74,491 SF
No. Stories 4
Year Built 2006
Tenancy Single
Parking Ratio 1.83/1,000 SF
Corridor Interior
Zoning Commercial

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 10750 GESSNER RD , HOUSTON, TX 77064

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 114-room, 2006-constructed Staybridge Suites located in Houston, Texas. The hotel is a four-story, extended-stay hotel located directly off of the Sam Houston Tollway, one of the two major beltways circulating the city. The city of Houston is the fourth most populous city in the nation and is the largest in the southern United States. Well-positioned in the Willowbrook area of Houston, the property is located within close proximity to a variety of diverse demand generators including: Willowbrook Mall, Houston Methodist Willowbrook Hospital, Sam Houston Race Park, and many more. The Staybridge Suites offers the opportunity for a new owner to acquire an extended-stay hotel in an established and growing market with competitive occupancy and Average Daily Rates (ADR).

Property Taxes

Property Taxes

Parcel Number
1205910010046
Land Assessment
$1,345,985
Improvements Assessment
$6,184,291
Total Assessment
$7,530,276
  • Listing ID: 16032167

  • Date on Market: 5/13/2019

  • Last Updated:

  • Address: 10750 Gessner Rd, Houston, TX 77064

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