21410 Fairfield Place Dr | Cypress, TX 77433
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This Hospitality Property is no longer advertised on LoopNet.com.
21410 Fairfield Place Dr
Cypress, TX 77433
Holiday Inn Express Houston Premium Outlets · Hospitality Property For Sale
·
53,883 SF

INVESTMENT HIGHLIGHTS
- Rooms revenue reached $2,400,000 (rounded) in 2021, reflecting the hotel’s best year, and this positive trend is anticipated to continue in 2022.
- The property is the only hotel within the Houston Premium Outlets outdoor retail development. The numerous dining, retail, and entertainment options a
- The hotel opened in 2017, and ownership has maintained the physical asset well; thus, a minimal change-of-ownership PIP is expected.
- Upon approval from the franchise, an investor can expect a new, 15-year license agreement with InterContinental Hotels Group (IHG).
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2017 |
| Building Class | B | Parking Ratio | 1.01/1,000 SF |
| Lot Size | 1.93 AC | Corridor | Interior |
| Building Size | 53,883 SF | ||
| Zoning | None | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.93 AC |
| Building Size | 53,883 SF |
| No. Stories | 4 |
| Year Built | 2017 |
| Parking Ratio | 1.01/1,000 SF |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
LINKS
PROPERTY TAXES
| Parcel Number | 1367840010001 | Improvements Assessment | $6,501,935 |
| Land Assessment | $1,680,380 | Total Assessment | $8,182,315 |
PROPERTY TAXES
Parcel Number
1367840010001
Land Assessment
$1,680,380
Improvements Assessment
$6,501,935
Total Assessment
$8,182,315
Listing ID: 25212362
Date on Market: 3/9/2022
Last Updated:
Address: 21410 Fairfield Place Dr, Cypress, TX 77433
The Hospitality Property at 21410 Fairfield Place Dr, Cypress, TX 77433 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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