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Hotel-Motel

Former Full Service Hotel Houston - Near Sugar Land

9090 Southwest Fwy, Houston, TX 77074

Listing Price: Request For Offer

Number of Rooms
243
RevPAR
$39
Year Built
1981

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Former Full Service Hotel Houston Suites – Near Sugar Land (‘Hotel’ or ‘Property’) located in Houston, Texas. The previously IHG Hotels & Resorts branded hotel ceased operations as of 2019 and is currently closed. This Property is offered on a “call for offers” basis. Please reach out to the listing agent for more information.

The Former Full Service Hotel Houston Suites – Near Sugarland is a 243-room, nine-story Hotel located at 9090 Southwest Freeway, Houston, TX 77074. The Property is highly visible and accessible off Interstate 69. Various common area amenities at the Property include an indoor pool and hot tub, outdoor sundeck, fitness center, business center, gift shop, vending areas, and a guest laundry room.

Houston, Texas, the fourth-largest city in the United States by population, boasts a highly diversified economy, excelling in energy, manufacturing, aeronautics, healthcare, and transportation. This has earned it the title of the energy capital of the world due to its significant role in the oil and gas industry. Fortune 500 companies based in Houston, near the property, include Baker Hughes (11.8 miles) and ConocoPhillips World Headquarters (14.5 miles). The city's passion for sports is evident in its hosting of professional teams across all major leagues, such as the NFL's Houston Texans, MLB's Houston Astros, NBA's Houston Rockets, and MLS's Houston Dynamo, along with major events like the Super Bowl and NCAA Final Four. NRG Stadium, home to the Houston Texans, is situated less than 10 miles from the property.

Rich in culture, Houston thrives with a myriad of museums, theaters, galleries, and performing arts venues, particularly in the Museum District housing institutions like the Museum of Fine Arts, Houston, the Houston Museum of Natural Science, and the Menil Collection. The Galleria, positioned 6.8 miles from the property, remains a popular destination for locals and tourists seeking a premier shopping and entertainment experience. Despite its urban sprawl, Houston offers ample green spaces and parks within proximity to the hotel, such as Hermann Park (11.6 mi), Memorial Park (8.3 mi), Buffalo Bayou Park (11.3 mi), and the Houston Zoo (14.1 mi), catering to outdoor enthusiasts and families. Reflecting its diverse populace, the city's food scene encompasses a wide array of cuisines, from Tex-Mex and barbecue to Vietnamese and Cajun, showcasing culinary innovation and a vibrant restaurant scene. Overall, Houston emerges as a dynamic and culturally rich metropolis, offering a thriving economy, diverse community, and abundant opportunities for both residents and visitors.

Investment Highlights

  • Nine-Story, 243-Room, Previously IHG Hotels & Resorts Branded Hotel
  • Property is Currently Closed
  • Multiple Hotel Repositioning Opportunities Available
  • Possible Alternative Use Opportunities
  • Close Proximity to NRG Stadium, Home of the Houston Texans (NFL)
  • Notable Demand Generators include The Galleria, Memorial Park, Houston Zoo, Baker Hughes, and Conoco Phillips World Headquarters
  • Offered Fee-Simple, Unencumbered by Franchise, Management Contracts or Existing Debt

Exclusively Listed By

Financing By

Hotel-Motel

Former Full Service Hotel Houston - Near Sugar Land

Listing Price: Request For Offer

Number of Rooms
243
RevPAR
$39
Year Built
1981

Investment Highlights

  • Nine-Story, 243-Room, Previously IHG Hotels & Resorts Branded Hotel
  • Property is Currently Closed
  • Multiple Hotel Repositioning Opportunities Available
  • Possible Alternative Use Opportunities
  • Close Proximity to NRG Stadium, Home of the Houston Texans (NFL)
  • Notable Demand Generators include The Galleria, Memorial Park, Houston Zoo, Baker Hughes, and Conoco Phillips World Headquarters
  • Offered Fee-Simple, Unencumbered by Franchise, Management Contracts or Existing Debt

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Former Full Service Hotel Houston Suites – Near Sugar Land (‘Hotel’ or ‘Property’) located in Houston, Texas. The previously IHG Hotels & Resorts branded hotel ceased operations as of 2019 and is currently closed. This Property is offered on a “call for offers” basis. Please reach out to the listing agent for more information. The Former Full Service Hotel Houston Suites – Near Sugarland is a 243-room, nine-story Hotel located at 9090 Southwest Freeway, Houston, TX 77074. The Property is highly visible and accessible off Interstate 69. Various common area amenities at the Property include an indoor pool and hot tub, outdoor sundeck, fitness center, business center, gift shop, vending areas, and a guest laundry room. Houston, Texas, the fourth-largest city in the United States by population, boasts a highly diversified economy, excelling in energy, manufacturing, aeronautics, healthcare, and transportation. This has earned it the title of the energy capital of the world due to its significant role in the oil and gas industry. Fortune 500 companies based in Houston, near the property, include Baker Hughes (11.8 miles) and ConocoPhillips World Headquarters (14.5 miles). The city's passion for sports is evident in its hosting of professional teams across all major leagues, such as the NFL's Houston Texans, MLB's Houston Astros, NBA's Houston Rockets, and MLS's Houston Dynamo, along with major events like the Super Bowl and NCAA Final Four. NRG Stadium, home to the Houston Texans, is situated less than 10 miles from the property. Rich in culture, Houston thrives with a myriad of museums, theaters, galleries, and performing arts venues, particularly in the Museum District housing institutions like the Museum of Fine Arts, Houston, the Houston Museum of Natural Science, and the Menil Collection. The Galleria, positioned 6.8 miles from the property, remains a popular destination for locals and tourists seeking a premier shopping and entertainment experience. Despite its urban sprawl, Houston offers ample green spaces and parks within proximity to the hotel, such as Hermann Park (11.6 mi), Memorial Park (8.3 mi), Buffalo Bayou Park (11.3 mi), and the Houston Zoo (14.1 mi), catering to outdoor enthusiasts and families. Reflecting its diverse populace, the city's food scene encompasses a wide array of cuisines, from Tex-Mex and barbecue to Vietnamese and Cajun, showcasing culinary innovation and a vibrant restaurant scene. Overall, Houston emerges as a dynamic and culturally rich metropolis, offering a thriving economy, diverse community, and abundant opportunities for both residents and visitors.

Exclusively Listed By

Financing By

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