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

Investment Highlights

  • Opportunity to acquire a 114-all-suite, four-story, Staybridge Suites that sits on 3.75 acres and access from Sam Houston Tollway in Willowbrook.
  • The hotel is currently underperforming and there is potential for a more hands-on operator to drive RevPAR increases.
  • Within five miles from many industrial manufacturing and energy corporate offices and headquarters, including Baker Hughes, Siemens, GE, and more.
  • Upon the completion of the PIP, the hotel is projected to have a stabilized room revenue of over $3.0M and a RevPAR of $72.36.
  • The hotel is in proximity to multiple local demand generators, including stadiums, parks, shopping center, and entertainment area.
  • The hotel is also located close to Amazon and Home Depot facilities, two major distribution centers serving the Northwest Houston area.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
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
Parcel Number 1205910010046

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
  • Listing ID: 27511497

  • Date on Market: 1/13/2023

  • Last Updated:

  • Address: 10750 Gessner Rd, Houston, TX 77064

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