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Hotel-Motel

Staybridge Suites Houston Willowbrook

10750 N Gessner Rd, Houston, TX 77064

Listing Price: $9,000,000

Cap Rate
4.22%
Number of Rooms
114
RevPAR
$64
Gross SF
74,491
Price/Room
$78,947
Price/Gross SF
$120.82
Year Built
2006

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in the 114-room, 2006-constructed Staybridge Suites, located in Houston, Texas. This hotel is a four-story, extended-stay hotel located directly off of the Sam Houston Tollway, one of the two major beltways circulating the city. The city of Houston is the fourth most populous city in the nation and is the largest in the southern United States. Well-positioned in the Willowbrook area of Houston, the property is located within close proximity to a variety of diverse demand generators including: Willowbrook Mall, Houston Methodist Willowbrook Hospital, Sam Houston Race Park, and many more. The Staybridge Suites offers the opportunity for a new owner to acquire an extended-stay hotel in an established and growing market with a competitive occupancy and Average Daily Rates (ADR).

Investment Highlights

  • Property has been Out-Performing its Competitive Set in Both Occupancy and RevPAR, Historically
  • Lender Owned
  • Located within Close Proxmity to a Variety of Demand Generators Including: Willowbrook Mall, Vintage Park, Securitas Security Services U.S.A, among others

Exclusively Listed By

  • David M. Greenberg

    Senior Managing Director Investments

    (954) 245-3449

    Email David

    License(s): FL: SL3140783

    Fort Lauderdale

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Hotel-Motel

Staybridge Suites Houston Willowbrook

Listing Price: $9,000,000

Cap Rate
4.22%
Number of Rooms
114
RevPAR
$64
Gross SF
74,491
Price/Room
$78,947
Price/Gross SF
$120.82
Year Built
2006

Investment Highlights

  • Property has been Out-Performing its Competitive Set in Both Occupancy and RevPAR, Historically
  • Lender Owned
  • Located within Close Proxmity to a Variety of Demand Generators Including: Willowbrook Mall, Vintage Park, Securitas Security Services U.S.A, among others

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in the 114-room, 2006-constructed Staybridge Suites, located in Houston, Texas. This hotel is a four-story, extended-stay hotel located directly off of the Sam Houston Tollway, one of the two major beltways circulating the city. The city of Houston is the fourth most populous city in the nation and is the largest in the southern United States. Well-positioned in the Willowbrook area of Houston, the property is located within close proximity to a variety of diverse demand generators including: Willowbrook Mall, Houston Methodist Willowbrook Hospital, Sam Houston Race Park, and many more. The Staybridge Suites offers the opportunity for a new owner to acquire an extended-stay hotel in an established and growing market with a competitive occupancy and Average Daily Rates (ADR).

Exclusively Listed By

  • David M. Greenberg

    Senior Managing Director Investments

    (954) 245-3449

    Email David

    License(s): FL: SL3140783

    Fort Lauderdale

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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