All-Suites Select-Service
For Sale
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17550 Northwest Fwy, Houston, TX 77065
Choice-flagged, all-suites select-service hotel with a 2024 franchise Property Improvement Plan completion.
Property Size29,156 SF
Price / SF$113.18
Days on Market102
Property Features for 17550 Northwest Fwy
General Information
Standard status
Active
Size
29,156 SF
Class
B
Total Parking Spaces
117
Property subtype
Hospitality
Investment Type
Value Add
Financials
Asking Price
$3,600,000
Business Included
Yes
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1998
Year Renovated
2013
Stories
3
Listing Agency:
The Hokuten Group
Listed By:
Dino Monteverde · License #01948432
Source:
Crexi
Added: Jul 22
Changed: Oct 29
Last Checked: Oct 30 at 2:02PM
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 The Hokuten Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Quality Suites Houston NW Cy-Fair is a 54-key, all-suites select-service hotel flagged as a Choice property, built in 1998. The franchise Property Improvement Plan was completed in 2024, leaving the asset renovated and franchise-current for the next owner. The property is positioned as free and clear at closing.
Located at 17550 Northwest Freeway (US-290) in Houston (Cypress area), the hotel sits on one of the city’s major commercial corridors. The remarks also cite 2026 year-to-date RevPAR up 30% year over year.
With 54 keys in an all-suites configuration and recent franchise-level improvements, the property offers a straightforward platform for an operator seeking to run a renovated, brand-current hotel.
Located at 17550 Northwest Freeway (US-290) in Houston (Cypress area), the hotel sits on one of the city’s major commercial corridors. The remarks also cite 2026 year-to-date RevPAR up 30% year over year.
With 54 keys in an all-suites configuration and recent franchise-level improvements, the property offers a straightforward platform for an operator seeking to run a renovated, brand-current hotel.
Key Highlights
- 54‑key all‑suites select‑service hotel flagged as a Choice property
- Franchise Property Improvement Plan completed in 2024
- 2026 year‑to‑date RevPAR up 30% year over year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$155,553
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,111,060
$3.1M
Cap Rate 7%
$2,222,186
$2.2M
Cap Rate 9%
$1,728,367
$1.7M
Market Conditions
NOI Build-Up for 29,156 SF
Gross rent
$419.8K $14.40/SF
− Vacancy
−$92.4K −$3.17/SF
EGI
$327.5K $11.23/SF
− OpEx
−$171.9K −$5.90/SF
NOI
$155.6K $5.34/SF
Area
Houston, TX
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,111,060
Cap Rate 7%
$2,222,186
Cap Rate 9%
$1,728,367
Alternative Uses
Best Use
Hotel Hospitality
$2.22M
$1.94M – $2.59M
NOI $155,553 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.50M
$6.56M – $8.75M
NOI $524,808 @ 7.0% cap · market cap 15.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 77065, TX
37,144
Population
17,110
Households
2.2
Avg Household Size
36
Median Age
30%
College-Educated
89%
High-School Grad
8.2 sq mi
ZIP Area
4,530
Density / Sq Mi
$75,496
Median Household Income
$44,334
Median Earnings
$1,371
Median Rent
$257,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Hotel - Choice-flagged, all-suites select-service hotel with a 2024 franchise Property Improvement Plan completion.
Where is this hotel located?
The property is located at 17550 Northwest Fwy Houston, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 54‑key all‑suites select‑service hotel flagged as a Choice property; Franchise Property Improvement Plan completed in 2024; 2026 year‑to‑date RevPAR up 30% year over year
