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    Sheraton Near Houston Airport Title is generated by Realmo AI

    15700 John F. Kennedy Boulevard, Houston, TX 77032

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    For Sale
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    419-room Sheraton near George Bush Intercontinental Airport (IAH).

    Added:
    Nov 25, 2025
    Days on Market:
    180
    Last Refresh:
    Apr 5 at 8:10 pm

    Property Features for 15700 John F. Kennedy Boulevard

    General Information

    Standard status
    Active

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    Listing Contact
    Joseph Cuomo

    Listing agent Joseph Cuomo License #FL #SL3614391

    Listing office

    Listing date Nov 25, 2025

    Source Alchemyrea

    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 Joseph Cuomo

    HighLights

    • Offered at a substantial discount to replacement cost, unencumbered by management and debt.
    • Strong operational upside in transitioning the asset out of receiver control.
    • Ability to maintain the Sheraton brand through a long‑term licensing agreement with Marriott.
    • Located in the Houston Bush Airport corridor, undergoing over $4 billion in renovations and modernization.
    • Houston will directly benefit from the simultaneous closures of the Austin and Dallas convention centers in 2025.
    • The competitive set has averaged annual RevPAR gains of 17% over the past two years.

    Overview

    The fee simple interest in the 419-room Sheraton North Houston at George Bush Intercontinental Airport (IAH) is available for purchase. The property is offered unencumbered by management and debt, at a discount to replacement cost. A long-term licensing agreement with Marriott allows for maintaining the Sheraton brand. The property was transferred to special servicing in November 2020, and a receiver was appointed in April 2021. Transitioning the asset out of receiver control and completing the Property Improvement Plan (PIP) is expected to improve RevPAR penetration. The competitive set has averaged annual RevPAR gains of 17% over the past two years. Houston is the global energy capital, home to over 4,600 energy companies engaged in traditional oil and gas and the growing renewable energy sector. The broader Houston MSA is expected to see growth in this sector. Houston has a population of more than 7.5 million people, ranking it as the fifth-largest MSA and the second-fastest-growing metropolitan area in the United States. The Houston Bush Airport corridor is undergoing over $4 billion in renovations and modernization aimed at increasing passenger capacity and expanding travel routes. Houston will directly benefit from the simultaneous closures of the Austin and Dallas convention centers in 2025, leaving both markets without competitive convention facilities through 2029.
    Location Intelligence

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    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.3396
    Latitude
    29.9645

    FAQs

    What type of property is this?
    Hotel - 419-room Sheraton near George Bush Intercontinental Airport (IAH).
    Where is this hotel located?
    The property is located at 15700 John F. Kennedy Boulevard Houston, TX.
    What are key features of this property?
    This property features: Offered at a substantial discount to replacement cost, unencumbered by management and debt.; Strong operational upside in transitioning the asset out of receiver control.; Ability to maintain the Sheraton brand through a long‑term licensing agreement with Marriott.
    More about this property
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