7495 Greens RdHouston, TX 77064

For Sale
$6,250,000

Upscale 68-Suite Hotel, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 68-suite Best Western Premier Ashton Suites hotel in Houston, Texas, presents a lucrative investment opportunity. Built in 2014 and recently renovated (2022-2023), this property boasts superior accommodations and first-rate amenities, aligning perfectly with the Best Western Premier brand's commitment to exceptional service. Located at 7495 W Greens Rd, Houston, TX 77064, in Harris County, the hotel's prime location ensures strong occupancy rates. Financial performance is outstanding, with year-to-date (as of September 18, 2024) room revenue exceeding $1,332,370. Furthermore, the hotel significantly outperforms its competitors, achieving a remarkable REVPAR index of 150.3 in 2024. The property is eligible for a seamless Best Western brand transfer, simplifying ownership transition. This all-suite hotel offers modern accommodations and luxurious amenities, making it an attractive choice for discerning travelers. The asking price for this high-performing asset is $6,250,000. This presents a rare chance to acquire a thriving, upscale hotel with proven financial success and significant growth potential in a dynamic market.

Highlights

  • 68-room upscale, all-suite Best Western Premier hotel in Houston, TX.
  • Year-to-date (9/18/2024) room revenue of $1,332,370.
  • 2024 REVPAR index of 150.3, exceeding competitors.
  • Best Western Premier brand offering superior accommodations, service, and amenities.
  • Renovated in 2022-2023, eligible for seamless Best Western brand transfer.

Property Details for 7495 Greens Rd

Property type
Other hospitality properties, Hotels
Year Built
2014

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.9518777
Longitude
-95.5389943
7495 Greens Rd, Houston, Texas

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7495 Greens Rd
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