16931 Texas Ave | Webster, TX 77598
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- LoopNet Team
16931 Texas Ave
Webster, TX 77598
Comfort Suites Near NASA - Clear Lake · Hospitality Property For Sale
·
40,178 SF
INVESTMENT HIGHLIGHTS
- The 58-key count is considered an ideal size for an experienced owner/operator.
- Rooms revenue increased from $974,657 in 2023 to $1,197,237 in 2024, representing an increase of 25.4%.
- This opportunity presents an investor with the ability to acquire the Property at a price well below replacement cost at $75,862 per key.
- Before COVID-19, from 2014-2019, the Hotel averaged $1,134,912 in annual revenue, showing strong potential for new investors.
- Current ownership recently renovated the Property, including the public areas and guestrooms, at a cost of $400,000, or $6,900 per key.
- Near NASA, Baybrook Mall, Kemah Boardwalk, and UH-Clear Lake, the Hotel attracts business & leisure travelers with nearby dining and entertainment.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2006/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.78 AC | Parking Ratio | 1.59/1,000 SF |
| Building Size | 40,178 SF | Corridor | Interior |
| Zoning | None | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.78 AC |
| Building Size | 40,178 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2006/2013 |
| Tenancy | Single |
| Parking Ratio | 1.59/1,000 SF |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 1275800010001 | Improvements Assessment | $2,505,618 |
| Land Assessment | $619,248 | Total Assessment | $3,124,866 |
PROPERTY TAXES
Parcel Number
1275800010001
Land Assessment
$619,248
Improvements Assessment
$2,505,618
Total Assessment
$3,124,866
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