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25218 Market Place Dr
Katy, TX 77494
Country Inn & Suites by Radisson, Katy · Hospitality Property For Sale
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42,492 SF
Investment Highlights
- High Traffic Counts – Hotel sees upward of 140,000 cars daily from the I-10 and Market Place Drive
- Strong Surrounding Retail – Within ±1 mile, there is a Walmart, In-N-Out Burger, Chick-fil-A, Starbucks, Whataburger, Bass Pro Shops
- Population Growth – The population in the area has grown 8.6% year-over-year since it was built in 2014, and has grown 20% since 2020
- Katy Mills Shopping Center – Property shares a parking lot with the largest shopping center in Katy, Texas, and top-10 largest in the Houston MSA
- Local Activities – Immediately adjacent to the Typhoon Texas Waterpark, the highest rated waterpark in Houston
- Hotel Metrics – The city of Katy has seen an 8.5% increase in ADR and an 11.8% increase in RevPAR over the last twelve months
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2014/2015 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.03 AC | Parking Ratio | 0.78/1,000 SF |
| Building Size | 42,492 SF | Corridor | Interior |
| Zoning | C2 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.03 AC |
| Building Size | 42,492 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2014/2015 |
| Tenancy | Single |
| Parking Ratio | 0.78/1,000 SF |
| Corridor | Interior |
| Zoning | C2 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 1199120040003 | Improvements Assessment | $2,821,800 |
| Land Assessment | $898,200 | Total Assessment | $3,720,000 |
Property Taxes
Parcel Number
1199120040003
Land Assessment
$898,200
Improvements Assessment
$2,821,800
Total Assessment
$3,720,000
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