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Holiday Inn & Suites Houston West - Westway 4606 Westway Park Blvd 113 Room Hotel Houston, TX 77041 $7,250,000 ($64,159/Room)
Investment Highlights
- Five-story, 113-room Holiday Inn & Suites with direct access from W. Sam Houston Parkway North in Houston’s thriving Westway Park Submarket.
- Offered at only $64,159 per key, representing a significant discount to estimated replacement value and providing an attractive entry point for inves
- Houston, the nation’s 4th-largest city, offers a diversified economy with energy, healthcare, and technology; access to IAH (23.5 mi) and HOU(27.3 mi)
- Proximity to major employers including Schlumberger, Baker Hughes, Schneider Electric, Travelers, CyrusOne, and Seadrill drives corporate occupancy.
- Over $60,000 invested in 2025, including exterior brick replacement, fire safety upgrades, lighting and signage updates, and spa pump replacement.
- Close to Memorial City Mall, CityCentre, the Galleria, and downtown Houston, plus leading cultural and entertainment attractions.
Executive Summary
Prime Location in Houston’s Westway Park : Five-story, 113-room Holiday Inn & Suites with direct access from W. Sam Houston Parkway North in Houston’s thriving Westway Park submarket.
Priced Well Below Replacement Cost: Offered at only $64,159 per key, representing a significant discount to estimated replacement value and providing an attractive entry point for investors.
Diverse Corporate and Transient Demand: Proximity to major employers including Schlumberger, Baker Hughes, Schneider Electric, Travelers, CyrusOne, and Seadrill drives consistent corporate occupancy.
Extensive Meeting & Event Capabilities: 3,300 SF of flexible banquet and meeting space accommodating up to 200 guests with full-service catering and audiovisual support.
Recent Capital Improvements: Over $60,000 invested in 2025, including exterior brick replacement, fire safety upgrades, lighting and signage updates, and spa pump replacement.
Room Revenue Upside: Houston Northwest’s 12-month RevPAR is up 3.6%, signaling growth. With a 75% index and $64K/key pricing, strategic revenue management could lift room revenue to $1.9–$2.3M.
Strong Market & Accessibility: Houston, the nation’s 4th-largest city, offers a diversified economy with energy, healthcare, and technology; convenient access to IAH (23.5 miles) and HOU (27.3 miles).
Nearby Retail & Lifestyle Amenities: Close to Memorial City Mall, CityCentre, the Galleria, and Downtown Houston, plus leading cultural and entertainment attractions.
Priced Well Below Replacement Cost: Offered at only $64,159 per key, representing a significant discount to estimated replacement value and providing an attractive entry point for investors.
Diverse Corporate and Transient Demand: Proximity to major employers including Schlumberger, Baker Hughes, Schneider Electric, Travelers, CyrusOne, and Seadrill drives consistent corporate occupancy.
Extensive Meeting & Event Capabilities: 3,300 SF of flexible banquet and meeting space accommodating up to 200 guests with full-service catering and audiovisual support.
Recent Capital Improvements: Over $60,000 invested in 2025, including exterior brick replacement, fire safety upgrades, lighting and signage updates, and spa pump replacement.
Room Revenue Upside: Houston Northwest’s 12-month RevPAR is up 3.6%, signaling growth. With a 75% index and $64K/key pricing, strategic revenue management could lift room revenue to $1.9–$2.3M.
Strong Market & Accessibility: Houston, the nation’s 4th-largest city, offers a diversified economy with energy, healthcare, and technology; convenient access to IAH (23.5 miles) and HOU (27.3 miles).
Nearby Retail & Lifestyle Amenities: Close to Memorial City Mall, CityCentre, the Galleria, and Downtown Houston, plus leading cultural and entertainment attractions.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $7,250,000 | Building Size | 88,862 SF |
| Price Per Room | $64,159 | No. Rooms | 113 |
| Sale Type | Investment | No. Stories | 5 |
| Property Type | Hospitality | Year Built/Renovated | 2010/2019 |
| Property Subtype | Hotel | Parking Ratio | 1.14/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.04 AC | ||
| Zoning | F1 | ||
| Price | $7,250,000 |
| Price Per Room | $64,159 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.04 AC |
| Building Size | 88,862 SF |
| No. Rooms | 113 |
| No. Stories | 5 |
| Year Built/Renovated | 2010/2019 |
| Parking Ratio | 1.14/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
Amenities
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 29 | $115.00 | - |
| Guest Room | 84 | $95.00 | - |
Property Taxes
| Parcel Number | 1242860010001 | Improvements Assessment | $3,494,250 |
| Land Assessment | $1,330,980 | Total Assessment | $4,825,230 |
Property Taxes
Parcel Number
1242860010001
Land Assessment
$1,330,980
Improvements Assessment
$3,494,250
Total Assessment
$4,825,230
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Holiday Inn & Suites Houston West - Westway | 4606 Westway Park Blvd
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