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Best Western Galleria Inn & Suites 6229 Richmond Ave 72 Room Hotel Houston, TX 77057 $7,200,000 ($100,000/Room)



INVESTMENT HIGHLIGHTS
- 72-Key Best Western in Houston's most exclusive sub-market - The Galleria
- Absentee Owned
- Consistent Top Line Revenue
- Minimal PIP
EXECUTIVE SUMMARY
Seth Equities is pleased to present an exceptional opportunity to acquire the Best Western Inn & Suites Houston – Galleria, a well-maintained 72 room limited-service hotel located in Houston’s high-demand Galleria/Uptown submarket. The property offers strong brand affiliation, consistent performance, and excellent visibility on Richmond Avenue, just minutes from The Galleria Mall, Greenway Plaza, and Downtown Houston. Ideal for owner-operators or investors seeking a proven asset with value-add potential in one of Houston’s most dynamic hotel markets.
Best Western Inn & Suites Houston – Galleria
Address: 6229 Richmond Ave, Houston, TX 77057
Broker: Seth Equities – Hotel Brokerage & Advisory
Prime Galleria / Uptown Houston Location
The Best Western Inn & Suites Houston – Galleria is ideally located in the heart of Houston’s premier Uptown district, just minutes from The Galleria Mall, Greenway Plaza, and Downtown Houston.
-Excellent visibility along Richmond Avenue with strong daily traffic counts
-Convenient access to I-610 Loop, US-59/I-69, and Westpark Tollway
-Surrounded by major employers, retail centers, and dining options
-Only 5 minutes to The Galleria and Uptown Park
Hotel Overview
This well-maintained limited-service hotel provides consistent performance and brand recognition within one of Houston’s most stable lodging markets.
Flag: Best Western Inn & Suites
Rooms: 72
Stories: 3
Building Size: ±41,540 SF
Lot Size: ±1.57 Acres
Parking: Ample on-site parking
Investment Highlights
Strong Brand Affiliation – Backed by Best Western’s global marketing, distribution, and loyalty program
Steady Operating History – Reliable revenue supported by repeat business and diversified demand
High-Barrier Submarket – Limited new hotel supply in the Galleria corridor
Attractive Upside Potential – Opportunity to enhance ADR and occupancy through light renovations and revenue management
Unencumbered Management – Available free of management or franchise encumbrances upon sale
Area Demand Drivers
Located within Houston’s most dynamic commercial and leisure district, the property benefits from year-round demand generators:
The Galleria Mall – Texas’ largest shopping destination
Uptown Houston & Greenway Plaza – Major employment and office hubs
Texas Medical Center – World’s largest medical complex
Downtown Houston – Convention, entertainment, and sports attractions
NRG Park, Minute Maid Park, and Toyota Center – Consistent event-driven demand
Property Features
Spacious guest rooms and suites with modern furnishings
Outdoor pool, fitness area, and breakfast lounge
Updated lobby and public areas
Excellent visibility and signage on high-traffic Richmond Avenue
Turnkey investment for owner-operator or investor
Submarket Overview: Galleria / Uptown Houston
The Galleria/Uptown submarket is Houston’s largest mixed-use district, with over 26 million square feet of office space, 700+ retail stores, and numerous high-end restaurants and entertainment venues.
Home to major employers: AIG, Bechtel, Landry’s, Schlumberger
Strong weekday corporate and weekend leisure demand
Ongoing redevelopment and population growth supporting long-term hotel stability
Financial Summary
Consistent top-line revenue with room for rate growth
Upside opportunity through renovation and repositioning
Financials available upon execution of NDA
*Attractive Seller Financing Package Available for Qualified Buyers*
Visit the deal room for more information
https://dealroom.creop.com/SignIn/bTJNaGhvWkZKcjQ2Ynp6cm1aTlVOWGNVaUl6SGlGdUQrdXMweW01cExUND0=
Best Western Inn & Suites Houston – Galleria
Address: 6229 Richmond Ave, Houston, TX 77057
Broker: Seth Equities – Hotel Brokerage & Advisory
Prime Galleria / Uptown Houston Location
The Best Western Inn & Suites Houston – Galleria is ideally located in the heart of Houston’s premier Uptown district, just minutes from The Galleria Mall, Greenway Plaza, and Downtown Houston.
-Excellent visibility along Richmond Avenue with strong daily traffic counts
-Convenient access to I-610 Loop, US-59/I-69, and Westpark Tollway
-Surrounded by major employers, retail centers, and dining options
-Only 5 minutes to The Galleria and Uptown Park
Hotel Overview
This well-maintained limited-service hotel provides consistent performance and brand recognition within one of Houston’s most stable lodging markets.
Flag: Best Western Inn & Suites
Rooms: 72
Stories: 3
Building Size: ±41,540 SF
Lot Size: ±1.57 Acres
Parking: Ample on-site parking
Investment Highlights
Strong Brand Affiliation – Backed by Best Western’s global marketing, distribution, and loyalty program
Steady Operating History – Reliable revenue supported by repeat business and diversified demand
High-Barrier Submarket – Limited new hotel supply in the Galleria corridor
Attractive Upside Potential – Opportunity to enhance ADR and occupancy through light renovations and revenue management
Unencumbered Management – Available free of management or franchise encumbrances upon sale
Area Demand Drivers
Located within Houston’s most dynamic commercial and leisure district, the property benefits from year-round demand generators:
The Galleria Mall – Texas’ largest shopping destination
Uptown Houston & Greenway Plaza – Major employment and office hubs
Texas Medical Center – World’s largest medical complex
Downtown Houston – Convention, entertainment, and sports attractions
NRG Park, Minute Maid Park, and Toyota Center – Consistent event-driven demand
Property Features
Spacious guest rooms and suites with modern furnishings
Outdoor pool, fitness area, and breakfast lounge
Updated lobby and public areas
Excellent visibility and signage on high-traffic Richmond Avenue
Turnkey investment for owner-operator or investor
Submarket Overview: Galleria / Uptown Houston
The Galleria/Uptown submarket is Houston’s largest mixed-use district, with over 26 million square feet of office space, 700+ retail stores, and numerous high-end restaurants and entertainment venues.
Home to major employers: AIG, Bechtel, Landry’s, Schlumberger
Strong weekday corporate and weekend leisure demand
Ongoing redevelopment and population growth supporting long-term hotel stability
Financial Summary
Consistent top-line revenue with room for rate growth
Upside opportunity through renovation and repositioning
Financials available upon execution of NDA
*Attractive Seller Financing Package Available for Qualified Buyers*
Visit the deal room for more information
https://dealroom.creop.com/SignIn/bTJNaGhvWkZKcjQ2Ynp6cm1aTlVOWGNVaUl6SGlGdUQrdXMweW01cExUND0=
PROPERTY FACTS
| Price | $7,200,000 | Building Size | 41,540 SF |
| Price Per Room | $100,000 | No. Rooms | 72 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2002/2016 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 1.57 AC | Corridor | Interior |
| Zoning | None | ||
| Price | $7,200,000 |
| Price Per Room | $100,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.57 AC |
| Building Size | 41,540 SF |
| No. Rooms | 72 |
| No. Stories | 3 |
| Year Built/Renovated | 2002/2016 |
| Tenancy | Single |
| Parking Ratio | 1.26/1,000 SF |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 34 | $129.00 | - |
| Guest Room | 38 | $105.00 | - |
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 1212320010001 | Improvements Assessment | $1,933,345 |
| Land Assessment | $2,386,895 | Total Assessment | $4,320,240 |
PROPERTY TAXES
Parcel Number
1212320010001
Land Assessment
$2,386,895
Improvements Assessment
$1,933,345
Total Assessment
$4,320,240
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Best Western Galleria Inn & Suites | 6229 Richmond Ave
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