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7495 West Greens Road Houston, TX 77064

Sponsored
For Sale
$6,250,000

68-suite hotel, strong performance, prime location.

Property size:
54,736 SF

Description

Added:
Jan 28, 2025
Days on Market:
345
Exceptional investment opportunity: the Best Western Premier Ashton Suites hotel in Houston, Texas. This 68-unit, upscale all-suite hotel boasts a prime location in the Willowbrook area, just 20 minutes from Downtown Houston and near Beltway 8. The property underwent a complete renovation in 2022-2023, ensuring modern accommodations and luxurious amenities for guests. Its strategic location benefits from Houston's thriving business climate and robust tourism sector, attracting both business and leisure travelers. The hotel's strong performance is evident in its 2024 completed room revenue of $1,651,333, significantly outperforming its competitive set with a year-to-date (November 2024) RevPAR that is 111.2% of the prior year – a remarkable 22.2% increase from 2023. The property's affiliation with Best Western Premier offers access to their award-winning rewards program, attracting a wider range of guests. This turnkey operation is ideally suited for investors seeking a high-performing asset in a dynamic market. The hotel's size is 54,736 square feet. The property qualifies for Best Western's automatic transfer program. Houston's robust economy, with over $4 billion in recent and ongoing new construction projects and a large concentration of employment, further solidifies this investment's potential. This is a rare opportunity to acquire a well-established, high-performing hotel in a rapidly growing metropolitan area.

Property Features for 7495 West Greens Road

General Information

Property type
Other hospitality properties
Square Feet
54,736 SF
Price / Square Foot
$114
Elevators
N/A

Building Details

Year Built/Renovated
2015/2023
Buildings
1
Units
68

HighLights

  • 68 upscale all‑suite hotel in Houston's Willowbrook area.
  • 2024 room revenue totaled $1,651,333, exceeding competitors.
  • Conveniently located 20 minutes from Downtown Houston.
Property Profile Location Intelligence

Current Use by Public Records

Best Western Premier ... Hotel Adam's autowerks Auto Repair Shop

Suggested Use

Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

City
Houston
State
Texas

FAQs

What type of property is this?
Hospitality property - 68-suite hotel, strong performance, prime location.
Where is this hospitality property located?
The property is located at 7495 West Greens Road Houston, TX.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 68 upscale all-suite hotel in Houston's Willowbrook area.; 2024 room revenue totaled $1,651,333, exceeding competitors.; Conveniently located 20 minutes from Downtown Houston.
More about this property
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