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Select-Service Hotel Near Freeways
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Pending

300 Ronan Park PI, Houston, TX 77060

Fee-simple acquisition of a 126-room Hyatt Place property near I-45 and Beltway 8.

Property SizeContact for details
Days on Market122

Property Features for 300 Ronan Park PI

General Information

Standard status Pending
Property subtype Hospitality

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes
Listing Agency: Hodges Ward Elliott
Listed By: Austin Brooks · License #TX 610115
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 10 at 6:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hodges Ward Elliott

Investment Insights

Based on property information with market context.

Hodges Ward Elliott is pleased to present the opportunity to acquire the 100% fee-simple interest in the 126-room Hyatt Place Houston - North (the “Hotel” or the “Property”). The Property is well located near the major intersection of I-45/Beltway 8.

The Hotel’s highly visible north Houston location places it proximate to Houston Bush Intercontinental Airport (IAH), which is expanding and growing at a rapid pace. IAH handled approximately 45 million passengers in 2019 and is in the midst of a $4 billion renovation project. Beltway 8 is located in front of the Hotel and serves as a gateway to major Houston freeways, including Interstate 45, US Highway 290, US Highway 59, Interstate 10, the new US Highway 90, and the Hardy Toll Road. Convenient freeway access supports travel to and from the airport as well as the Woodlands, the Galleria, Houston’s Central Business District, and the Texas Medical Center.

Key Highlights

  • Fee‑simple acquisition of a 126‑room Hyatt Place Houston - North hotel
  • Located near the major intersection of I‑45 and Beltway 8 in north Houston
  • Beltway 8 fronts the hotel and provides gateway access to major Houston freeways including I‑45, US 290, US 59, I‑10, US 90, and the Hardy Toll Road

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic Locksmith Catering Service Garden Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,968
Businesses Nearby

Demographics for 77060, TX

42,707
Population
16,660
Households
2.6
Avg Household Size
29
Median Age
7%
College-Educated
55%
High-School Grad
8.1 sq mi
ZIP Area
5,272
Density / Sq Mi
$37,843
Median Household Income
$26,278
Median Earnings
$1,024
Median Rent
$144,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Fee-simple acquisition of a 126-room Hyatt Place property near I-45 and Beltway 8.
Where is this hotel located?
The property is located at 300 Ronan Park PI Houston, TX.
What are key features of this property?
This property features: Fee‑simple acquisition of a 126‑room Hyatt Place Houston - North hotel; Located near the major intersection of I‑45 and Beltway 8 in north Houston; Beltway 8 fronts the hotel and provides gateway access to major Houston freeways including I‑45, US 290, US 59, I‑10, US 90, and the Hardy Toll Road
More about this property
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