This Hospitality Property is no longer advertised on LoopNet.com.

302 W Bay Area Blvd
Webster, TX 77598
 Holiday Inn Houston Webster · Hospitality Property For Sale · 88,878 SF

Hotels Texas Webster 302 W Bay Area Blvd, Webster, TX 77598

INVESTMENT HIGHLIGHTS

  • 109-key, full-service hotel with 2,400 SF conference room, Holiday Inn by IHG in Webster, one of the fastest growing suburbs in the Houston MSA.
  • Upon the completion of the PIP, the hotel is projected to have a stabilized room revenue of $3.26M and a RevPAR of $82.
  • The Space Center Houston and NASA Mission Control Center/Johnson Space Center have consistently been demand drivers for Webster.
  • Constructed in 2009 and priced significantly below replacement costs, most Hilton, Marriott, Hyatt, and IHG brands are already present.
  • Located near multiple hotel demand generators in the Webster area, including aerospace companies, medical centers, and museums.
  • Houston has welcomed more than 22 million people and hosts nearly 1.25 million visitors annually.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.30 AC
Building Size 88,878 SF
No. Stories 4
Year Built 2008
Tenancy Single
Parking Ratio 1.45/1,000 SF
Corridor Interior
Zoning C3 - Third Commercial District

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

LINKS

PROPERTY TAXES

Parcel Number 1297070010003 Improvements Assessment $4,525,549
Land Assessment $1,003,620 Total Assessment $5,529,169
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  • Listing ID: 26911993

  • Date on Market: 10/21/2022

  • Last Updated:

  • Address: 302 W Bay Area Blvd, Webster, TX 77598

More public record information on 302 W Bay Area Blvd, Webster, TX 77598

The Hospitality Property at 302 W Bay Area Blvd, Webster, TX 77598 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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