12820 Northwest Fwy | Houston, TX 77040
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12820 Northwest Fwy
Houston, TX 77040
Sonesta Simply Suites Houston Brookhollow · Hospitality Property For Sale
·
42,000 SF
INVESTMENT HIGHLIGHTS
- The Marriott-branded hotel is a three-story, 85-room, interior-corridor property built in 1998.
- The George Bush Intercontinental Airport is located 22 miles away from the subject property.
- The Property is offered fee simple and unencumbered by any management contracts or existing debt.
- Located along the Highway 290-Interstate 610 corridor, the property is highly visible from the expressway.
- Currently institutionally owned and third-party managed, a new owner-operator can see potential upside through a reduction in operational expenses
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2012 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.15 AC | Parking Ratio | 2/1,000 SF |
| Building Size | 42,000 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.15 AC |
| Building Size | 42,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1998/2012 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ABOUT 12820 NORTHWEST FWY , HOUSTON, TX 77040
The hotel is positioned within the Houston MSA, the largest MSA in Texas and fourth largest in the country. Houston ranks third among U.S. metro areas in Fortune 500 headquarters. DIVERSE DEMAND GENERATORS: Brazos Bend State Park, NASA Space Center, George Ranch Historic Park, Sugar Land Museum, Rosenburg Railroad, Fort Bend Museum, The Galleria, University of Houston, Toyota Center, Minute Maid Park, Kelsey-Seybold Clinic, NRG Stadium, Houston Zoo, Sam Houston Race Park, and Smart Financial Centre.
PROPERTY TAXES
| Parcel Number | 1186360010009 | Improvements Assessment | $2,193,360 |
| Land Assessment | $1,406,640 | Total Assessment | $3,600,000 |
PROPERTY TAXES
Parcel Number
1186360010009
Land Assessment
$1,406,640
Improvements Assessment
$2,193,360
Total Assessment
$3,600,000
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