6221 Richmond Ave | Houston, TX 77057
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- LoopNet Team
6221 Richmond Ave
Houston, TX 77057
Spark by Hilton Houston near the Galleria · Hospitality Property For Sale
·
39,828 SF
INVESTMENT HIGHLIGHTS
- Seller is now more motivated and has reduced the pricing guidance to $4.7 million.
- Prior to the COVID-19 pandemic, the hotel generated more than $1,500,000 in revenue, showing tremendous upside for a new investor.
- Over 2,000 companies call the Galleria submarket home, including some of the most prominent energy, financial, and real estate companies in the world.
- The 61-key count is considered an ideal size for an experienced owner/operator.
- The Galleria mall, located two miles from the property, encompasses 2.4 million square feet of retail space and is the largest shopping mall in Texas.
- Near Houston’s Galleria/Uptown District, a densely developed and highly sought-after submarket in Houston that is anchored by The Galleria Mall.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2014 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.70 AC | Parking Ratio | 1.52/1,000 SF |
| Building Size | 39,828 SF | Corridor | Interior |
| Zoning | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.70 AC |
| Building Size | 39,828 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2014 |
| Tenancy | Single |
| Parking Ratio | 1.52/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 0690440020129 | Improvements Assessment | $911,434 |
| Land Assessment | $2,591,820 | Total Assessment | $3,503,254 |
PROPERTY TAXES
Parcel Number
0690440020129
Land Assessment
$2,591,820
Improvements Assessment
$911,434
Total Assessment
$3,503,254
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