150 Wagon Point Dr | Houston, TX 77090
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150 Wagon Point Dr
Houston, TX 77090
Hampton Inn & Suites Cypress Station, Houston · Hospitality Property For Sale
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51,318 SF
Investment Highlights
- This is an underperforming, recently renovated, premium branded asset, priced below replacement cost.
- Excellent opportunity for a private investor to enter the Hilton brand family with a highly desirable product.
- Proximate to multiple the growing Springwoods Village mixed-use development, Exxon, Hewlett-Packard (HP), Baker Hughes, Halliburton, and Schlumberger.
- The property recently underwent an extensive, $2.5-million renovation that reimaged both the interior and exterior of the hotel.
- Stabilized rooms revenue in 2024 is anticipated to be in excess of $1.6 million, with an NOI ?ow-through of $580,000 (rounded).
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2000/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.94 AC | Parking Ratio | 1.46/1,000 SF |
| Building Size | 51,318 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.94 AC |
| Building Size | 51,318 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2000/2023 |
| Tenancy | Single |
| Parking Ratio | 1.46/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
Property Taxes
| Parcel Number | 1197450010001 | Improvements Assessment | $2,726,327 |
| Land Assessment | $674,448 | Total Assessment | $3,400,775 |
Property Taxes
Parcel Number
1197450010001
Land Assessment
$674,448
Improvements Assessment
$2,726,327
Total Assessment
$3,400,775
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