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Best Western Webster Hotel NASA 889 W Bay Area Blvd 77 Room Hotel Webster, TX 77598 $4,650,000 ($60,390/Room)
INVESTMENT HIGHLIGHTS
- 3.3x RRM
- Prime location on Bay Area Blvd, near several attractions, restaurants, & entertainment venues.
- Given the recent renovation, a minor change-of-ownership property improvement plan (PIP) is expected.
- June 2025 Trailing-Twelve-Month (TTM) Rooms Revenue: $1,372,654
EXECUTIVE SUMMARY
For more information, please visit the HVS marketing website to electronically execute the confidentiality agreement and get access to the Virtual Deal Room (VDR): https://brokerage.hvs.com/listing/?id=145725
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 77-key Best Western Webster Hotel NASA, a limited-service hotel asset in Webster, Texas. A more hands-on investor will have the ability to realize the significant upside of acquiring a recently renovated property with further potential at a price well below replacement cost.
PRICE REDUCTION: $4,950,000
Ownership is motivated to sell the property and has agreed to reduce the price to $4,950,000, or $64,000 per key (rounded). Please contact Fadi Rawashdeh at frawashdeh@hvs.com for more details.
HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the 77-key Best Western Webster Hotel NASA, a limited-service hotel asset in Webster, Texas. A more hands-on investor will have the ability to realize the significant upside of acquiring a recently renovated property with further potential at a price well below replacement cost.
PRICE REDUCTION: $4,950,000
Ownership is motivated to sell the property and has agreed to reduce the price to $4,950,000, or $64,000 per key (rounded). Please contact Fadi Rawashdeh at frawashdeh@hvs.com for more details.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$1,372,654
|
$48.16
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,372,654
|
$48.16
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $1,372,654 |
| Annual Per SF | $48.16 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $1,372,654 |
| Annual Per SF | $48.16 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $4,650,000 | Building Size | 28,500 SF |
| Price Per Room | $60,390 | No. Rooms | 77 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1983 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 4.67/1,000 SF |
| Lot Size | 1.51 AC | Corridor | Interior |
| Zoning | None | ||
| Price | $4,650,000 |
| Price Per Room | $60,390 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.51 AC |
| Building Size | 28,500 SF |
| No. Rooms | 77 |
| No. Stories | 2 |
| Year Built | 1983 |
| Tenancy | Single |
| Parking Ratio | 4.67/1,000 SF |
| Corridor | Interior |
| Zoning | None |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $99.00 | - |
| Guest Room | 75 | $89.00 | - |
PROPERTY TAXES
| Parcel Number | 1205010000001 | Improvements Assessment | $788,008 |
| Land Assessment | $2,045,940 | Total Assessment | $2,833,948 |
PROPERTY TAXES
Parcel Number
1205010000001
Land Assessment
$2,045,940
Improvements Assessment
$788,008
Total Assessment
$2,833,948
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Best Western Webster Hotel NASA | 889 W Bay Area Blvd
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