This Hospitality Property is no longer advertised on LoopNet.com.

9120 FM 2920
Tomball, TX 77375
TownePlace Suites by Marriott Houston Tomball · Hospitality Property For Sale · 49,639 SF

INVESTMENT HIGHLIGHTS

  • Currently under construction and will be delivered to new ownership turn-key or upon issuance of the Certificate of Occupancy (CO).
  • Tomball has become a key business destination within Greater Houston and is home to over 1,500 businesses and nearly 14,000 employees.
  • As part of the Houston MSA, the city benefits from the many major sporting, cultural, and entertainment venues in the Houston area.
  • The property benefits from its location near the intersection of State Highway 99 (Grand Parkway) and FM 2920, a newly developed exit.
  • Tomball is home to several popular wedding venues, including Boxwood Manor, Ella’s Garden, Sandlewood Manor, and The Estates at Pecan Park.
  • Based on HVS pro-forma projections, stabilized rooms revenue is anticipated to exceed $3.1 million, with an NOI flow-through of over $1,200,000.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.07 AC
Building Size 49,639 SF
No. Stories 4
Year Built 2024
Parking Ratio 1.31/1,000 SF
Corridor Interior
Zoning PD-10

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

PROPERTY TAXES

  • Listing ID: 31666970

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 9120 FM 2920, Tomball, TX 77375