Property Overview :
Exceptional opportunity to acquire a recently built (2019) 135-key Holiday Inn & Suites located in a high-demand Houston submarket. The property sits on 3.52 acres and features modern guest accommodations, premium amenities, and expansive meeting and event facilities.
Hotel Features :
135 well-appointed guest rooms & suites
Fitness center and outdoor pool
Full-service food & beverage capabilities
Conference & event facilities:
Grand Ballroom: 5,200+ sq. ft., seating for 400 (theater), 1,000 (reception), or 300 (banquet rounds)
Private Boardroom: Ground-level, 10-person capacity
Strong national brand affiliation with IHG
Additional Value – Included in Sale
Adjacent Lot – Houston, TX :
2.87 acres of vacant commercial land
Additional Lot – Houston, TX :
3.07 acres of vacant commercial land
Investment Highlights :
Built in 2019 – minimal deferred maintenance
Prime Houston location with strong corporate and leisure demand drivers
Substantial upside through development of included parcels
Two additional commercial lots represent significant added value at no extra cost
Seller is highly motivated and prepared to close
Offering :
Holiday Inn & Suites plus two commercial lots – $16.5MM