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Investment Highlights

  • Fully Renovated, Turnkey Marriott Asset
  • Outperforming Its Competitive Set
  • Compelling Basis Below Replacement Cost
  • Premier Marriott Flag
  • Renovation-Driven Recovery Momentum

Executive Summary

Seth Equities is pleased to exclusively present the fee-simple sale of the Fairfield Inn & Suites Houston Westchase, an 80-key, fully renovated Marriott-branded select-service hotel located at 2400 W Sam Houston Parkway S in Houston, Texas.
The Property is offered at $7,000,000, or $87,500 per key, and represents a compelling opportunity to acquire a turnkey Marriott asset in the Westchase District, one of West Houston’s most established lodging and corporate demand corridors.
Investment Highlights
Fully Renovated, Turnkey Marriott Asset
The Property has completed an approximately $1.0 million renovation, equating to roughly $12,800 per key. The work modernized the exterior, signage, technology, public areas, recreation facilities, and guestrooms. The asset is fully renovated to Marriott Fairfield brand standard, providing investors with a clean, turnkey acquisition opportunity and no looming PIP.
Premier Marriott Flag
The Fairfield by Marriott affiliation provides access to one of the strongest reservation, distribution, and loyalty ecosystems in the hospitality industry. Marriott Bonvoy, Marriott.com, and Marriott’s brand platform continue to support strong guest capture across corporate, leisure, and project-based demand segments.
Outperforming Its Competitive Set
The hotel currently maintains a trailing-twelve-month RevPAR index of 104.7 and occupancy index of 104.3 versus its STR competitive set. This indicates that the Property is already capturing more than its fair share of market demand, supported by its renovated condition, Marriott affiliation, and strong location.
Renovation-Driven Recovery Momentum
The Property is showing clear signs of post-renovation recovery. March 2026 occupancy reached 71.9%, while March 2026 RevPAR increased 47.7% year-over-year. Year-to-date 2026 RevPAR is also up 39.7%, demonstrating meaningful momentum as the renovated product continues to stabilize.
Embedded ADR Upside
The hotel’s trailing-twelve-month ADR is approximately $76, which remains meaningfully below the approximately $106 upper-midscale submarket ADR. This roughly 28% gap creates a clear opportunity for a new owner to implement brand-aligned revenue management and continue pushing rate as the renovated asset gains traction.
Compelling Basis Below Replacement Cost
At $87,500 per key, the offering is priced well below the estimated cost to develop a comparable branded select-service hotel today. The asking price reflects an attractive basis for a renovated Marriott asset with demonstrated comp-set outperformance and additional upside through stabilization.
Strategic West Houston Location
The Property benefits from Beltway 8 frontage in the Westchase District, adjacent to the Energy Corridor. The location provides convenient access to major demand generators including Westchase office users, the Energy Corridor, CityCentre, Memorial City, the Galleria/Uptown, Downtown Houston, and the Texas Medical Center.
Diversified Demand Base
West Houston benefits from a diverse mix of corporate, energy, medical, retail, dining, and leisure demand. The Property is well-positioned to serve weekday corporate and project-based travelers, as well as weekend and leisure guests visiting Houston’s major retail, medical, and entertainment nodes.
Illustrative Stabilized Yield
Based on an illustrative stabilized NOI of approximately $624,000, the $7.0 million asking price implies an approximately 8.9% stabilized cap rate. This provides investors with a clear value proposition: acquire a renovated Marriott asset below replacement cost, improve revenue management, close the ADR gap, and benefit from continued recovery.
Offering Summary
Property: Fairfield Inn & Suites Houston Westchase
Address: 2400 W Sam Houston Parkway S, Houston, TX 77042
Keys: 80
Brand: Fairfield by Marriott
Asking Price: $7,000,000
Price Per Key: $87,500
Renovation: Approximately $1.0 million completed
T12 RevPAR Index: 104.7
March 2026 RevPAR Growth: +47.7% year-over-year
Offering: Fee-simple, delivered free and clear of existing financing
Operator: Owner-operated; deliverable open to a new operator
This offering presents a rare opportunity to acquire a fully renovated Marriott-branded hotel in a major Texas metro at a compelling basis, with demonstrated performance recovery and meaningful upside remaining through ADR growth and operational stabilization.
For additional information, access to the confidential offering memorandum, or to schedule a property tour, please contact:
Rorik Seth
Principal & Managing Broker
Seth Equities
Direct: (281) 968-5019
Email: [rorik@sethequities.com]
Website: [www.sethequities.com]
Exclusively Offered by Seth Equities
Real Relationships. Real Value.

Property Facts

Price $7,000,000
Price Per Room $87,500
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.46 AC
Building Size 37,785 SF
No. Rooms 80
No. Stories 3
Year Built/Renovated 1997/2004
Parking Ratio 1.98/1,000 SF
Corridor Interior
Zoning F1

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 8 $96.00 -
Guest Room 72 $81.00 -
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
6000000719421
Land Assessment
$0
Improvements Assessment
$5,327
Total Assessment
$5,327
  • Listing ID: 41029992

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 2400 W Sam Houston Pky S, Houston, TX 77042

Contact the Sale Advisor

Fairfield Inn & Suites Houston Westchase | 2400 W Sam Houston Pky S

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