This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
721 FM 1489 Rd
Brookshire, TX 77423
La Quinta Inn & Suites - Brookshire West Katy · Hospitality Property For Sale
·
32,171 SF
INVESTMENT HIGHLIGHTS
- Absentee-owned hotel with significant upside for a prospective buyer taking over operation.
- Located on high traffic intersection of I-10. Multiple driveways access into property from feeder lanes and county roads at Intersection
- Priced significantly below replacement cost.
- High growth potential from I-10 construction completion and new area residential developments
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2008/2018 |
| Building Class | B | Parking Ratio | 1.87/1,000 SF |
| Lot Size | 1.42 AC | Corridor | Interior |
| Building Size | 32,171 SF | ||
| Zoning | C | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.42 AC |
| Building Size | 32,171 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2018 |
| Parking Ratio | 1.87/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- On-Site Retail
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 721 FM 1489 RD , BROOKSHIRE, TX 77423
The La Quinta Inn & Suites Hotel is up for sale in the booming West I-10 corridor. The 3 story, 55 room property completed a turnkey PIP renovation in 2017-2018. The traditional Stucco/stone exterior complements the clientele in the area that prefers a rustic texas hill country style property. Weekday occupancy is fulfilled from area businesses and distribution centers which include; Amazon, Rooms To Go, Goya Foods, Medline, Bel Furniture and more. Weekend guests are comprised from those travelling along the I-10 corridor as well group blocks from the local Wedding venues including; White Oaks on the Bayou, The Pecan Springs, Beckendorff Farms, Brookwood Community and the Brookshire Polo grounds. Located just 10 minutes from the Katy Mills Mall and West Houston. Tesla and Electric Car Chargers in parking lot for the eco-conscious guests. Great opportunity to take over a well established property with repeat local business an:d through traffic from I-10. La Quinta Inn & Suites Brookshire West Katy offers an opportunity to own a cash flowing lodging facility with future growth potential in the West Houston sub-market. Opened in 2009. Renovated in 2018. BUSINESS POTENTIAL Currently absentee managed without any 3rd party management companies. Opportunity improvements for on-site owner operator to streamline expenses and increase NOI. Revenue is impacted from the I-10 Expansion and exit ramps construction. Expected completion early 2021. Development of Empire West business park nearby is under construction, which will provide additional demand generators from future warehousing and distribution centers.
