2610 Main St Stafford, TX 77477
- Hospitality properties
- 80,000 SF
- 2.23 lot acres
Current Use by Public Records
- Stafford City Hall / City Government Office
- City of Stafford Permit Department / City Government Office
- Stafford Public Works / Mapping Service
Property Details for 2610 Main St
- Year built
- 2016
- Lot size
- 2.23 lot acres
- Property size
- 80,000 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This exceptional 91-key Home2 Suites by Hilton hotel presents a compelling investment opportunity in the thriving Greater Houston area. Located at 2610 S Main St, Stafford, TX 77477, this four-story, 80,000 square foot property sits on a 2.23-acre lot (APN: 3185-01-000-0083-910 | Block-1) and boasts a strong financial performance. Built in 2016, the hotel commands a $10,000,000 asking price, translating to $125 per square foot. The property enjoys a 9.24% cap rate and a current occupancy rate of 78.16%, generating a net operating income (NOI) of $1,067,154. The hotel benefits from its location within a dynamic market featuring diverse industry sectors including energy, healthcare, technology, manufacturing, retail, transportation, finance, and aerospace. This strategic positioning contributes to the hotel's impressive performance, exceeding competitor benchmarks. The property's strong financial metrics and stable market position make it an attractive investment for discerning buyers seeking a high-return hospitality asset in a rapidly growing region. The hotel's remote management structure further enhances its operational efficiency. This is a rare opportunity to acquire a well-established, high-performing hotel in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stafford
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.5544
- Latitude
- 29.6149
