1350 Broadfield Blvd | Houston, TX 77084
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- LoopNet Team
1350 Broadfield Blvd
Houston, TX 77084
SpringHill Suites Houston I 10 West · Hospitality Property For Sale
·
65,080 SF
INVESTMENT HIGHLIGHTS
- Marriott Hotel Fraction of Replacement Cost: The Hotel was constructed in 2015 and is priced significantly below replacement costs.
- Underperforming Market: The Hotel is underperforming the market with a 68.6 RevPAR index as of TTM 04.2022. »
- Mustang Engineering, Transocean Offshore, Alliance WG Engineering, and Conoco Phillips.
- Lender Approved Short Sale: The Hotel is being sold below current outstanding loan amount. (Ask Broker for details).
- Excellent Location: The Property is located within proximity to the following major companies: Diamond Offshore Drilling Inc., Shell, BP, Wood Group,
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 2015 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.50 AC | Parking Ratio | 1.57/1,000 SF |
| Construction Status | Converted | Corridor | Interior |
| Building Size | 65,080 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Construction Status | Converted |
| Building Size | 65,080 SF |
| No. Stories | 5 |
| Year Built | 2015 |
| Tenancy | Single |
| Parking Ratio | 1.57/1,000 SF |
| Corridor | Interior |
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 1181920010005 | Improvements Assessment | $2,935,082 |
| Land Assessment | $1,588,500 | Total Assessment | $4,523,582 |
PROPERTY TAXES
Parcel Number
1181920010005
Land Assessment
$1,588,500
Improvements Assessment
$2,935,082
Total Assessment
$4,523,582
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