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12703 Southwest Fwy
Stafford, TX 77477
Residence Inn Houston Sugar Land/Stafford · Hospitality Property For Sale
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53,022 SF
Investment Highlights
- Priced at a significant discount compared to the cost of building a new hotel, due to high construction costs and a difficult lending environment.
- Opportunity to acquire a Marriott-branded extended-stay property with access to Marriott Bonvoy's 177 million loyalty members.
- The hotel’s room revenue has increased 13% through YTD June 2024. Trailing TTM Room Revenue is $2,262,626.
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2011 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.32 AC | Parking Ratio | 1.01/1,000 SF |
| Building Size | 53,022 SF | Corridor | Interior |
| Zoning | YQ | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.32 AC |
| Building Size | 53,022 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2011 |
| Tenancy | Single |
| Parking Ratio | 1.01/1,000 SF |
| Corridor | Interior |
| Zoning | YQ |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Tennis
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
Property Taxes
| Parcel Number | 7230-03-001-0030-910 | Improvements Assessment | $5,517,025 |
| Land Assessment | $1,740,426 | Total Assessment | $7,257,451 |
Property Taxes
Parcel Number
7230-03-001-0030-910
Land Assessment
$1,740,426
Improvements Assessment
$5,517,025
Total Assessment
$7,257,451
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