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- LoopNet Team
34103 Katy Fwy
Brookshire, TX 77423
Holiday Inn Express Houston-Brookshire · Hospitality Property For Sale
·
51,421 SF
INVESTMENT HIGHLIGHTS
- Given the recent construction, the Property is in excellent physical condition and a minimal change-of-ownership PIP is expected.
- The Hotel is currently absentee owned and operated by a third-party management company.
- Based on current pricing guidance, the Property is priced significantly below replacement cost.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 51,421 SF |
| Property Subtype | No. Stories | 4 | |
| Building Class | B | Year Built | 2017 |
| Lot Size | 1.50 AC | Corridor | Interior |
| Zoning | None | ||
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 51,421 SF |
| No. Stories | 4 |
| Year Built | 2017 |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
ABOUT 34103 KATY FWY , BROOKSHIRE, TX 77423
- The Property benefits from very good visibility off the frontage road along Interstate 10, proximate to numerous dining, retail, and entertainment options, which is a positive attribute for both business and transient guests. - In November 2019, Stream Realty Partners purchased 300-acres along Interstate 10 in Brookshire with plans to develop the Empire West business park. Stream Realty Partners will complete the development in phases with intentions to attract e-commerce and consumer goods distributors. The first phase of the project broke ground last month to construct three building totaling more than 1 million square feet of rentable space. - In 2018, Amazon completed the construction of a $142-million fulfillment center in Brookshire, Texas. The fulfillment center employs more than 400 full-time positions and services the West Houston-Katy region.
