Limited-Service Hotel with 76
3850 Wilcrest Dr Houston, TX 77082
3850 Wilcrest Dr, Houston, TX, 77082
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For Sale
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Four-story, 76-room Sleep Inn & Suites branded limited-service hotel with common area laundry, exercise room, and business center.
Days on Market104
Property Features for 3850 Wilcrest Dr
General Information
- Standard status
- Active
- Property subtype
- Hospitality
Listing agency
HVS
Listed by
Andrew Frosch · License #TX 617531
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 4:40AM Checked: Jul 23 at 4:40AM
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Investment Insights
Based on property information with market context.
Sleep Inn & Suites Westchase is a Choice Hotels International-branded, limited-service hotel featuring 76 rooms across four stories, built in 2018. Common area amenities include laundry facilities, an exercise room, a business center, and a breakfast area. In-room amenities include a microwave, work desk with ergonomic chair, refrigerator, coffee machine, and flat-screen television.
The property is located in Westchase, a business district in Houston, Texas, with immediate access to nearby routes via Westpark Tollway and Interstate 69. The surrounding area includes a large concentration of businesses, including companies associated with the petroleum industry.
For recent operating performance, the property generated over $1 million in total revenue in 2019 and 2021, with NOI more than doubling over that period. NOI increased from $143,561 in 2019 to $323,438 in 2021, with NOI as a percentage of total income rising from 13.5% to 29.8%.
The property is located in Westchase, a business district in Houston, Texas, with immediate access to nearby routes via Westpark Tollway and Interstate 69. The surrounding area includes a large concentration of businesses, including companies associated with the petroleum industry.
For recent operating performance, the property generated over $1 million in total revenue in 2019 and 2021, with NOI more than doubling over that period. NOI increased from $143,561 in 2019 to $323,438 in 2021, with NOI as a percentage of total income rising from 13.5% to 29.8%.
Key Highlights
- 76‑room, four‑story Sleep Inn & Suites Westchase (Choice Hotels International‑branded) limited‑service hotel built in 2018
- Common area amenities include laundry facilities, exercise room, business center, and breakfast area
- Each guest room includes a microwave, work desk with ergonomic chair, refrigerator, coffee machine, and flat‑screen TV
Property Analytics
Location Intelligence
Current Use by Public Records
Sleep Inn & Suites ...
Hotel & Motel
hOTEL
Hotel & Motel
Hardin Firm
Law Firm
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FAQs
What type of property is this?
Hotel - Four-story, 76-room Sleep Inn & Suites branded limited-service hotel with common area laundry, exercise room, and business center.
Where is this hotel located?
The property is located at 3850 Wilcrest Dr Houston, TX.
What are key features of this property?
This property features: 76‑room, four‑story Sleep Inn & Suites Westchase (Choice Hotels International‑branded) limited‑service hotel built in 2018; Common area amenities include laundry facilities, exercise room, business center, and breakfast area; Each guest room includes a microwave, work desk with ergonomic chair, refrigerator, coffee machine, and flat‑screen TV
