Property summary
This exceptional 68-suite Best Western Premier Ashton Suites hotel in Houston, Texas, presents a lucrative investment opportunity. Built in 2014 and recently renovated (2022-2023), this property boasts superior accommodations and first-rate amenities, aligning perfectly with the Best Western Premier brand's commitment to exceptional service. Located at 7495 W Greens Rd, Houston, TX 77064, in Harris County, the hotel's prime location ensures strong occupancy rates. Financial performance is outstanding, with year-to-date (as of September 18, 2024) room revenue exceeding $1,332,370. Furthermore, the hotel significantly outperforms its competitors, achieving a remarkable REVPAR index of 150.3 in 2024. The property is eligible for a seamless Best Western brand transfer, simplifying ownership transition. This all-suite hotel offers modern accommodations and luxurious amenities, making it an attractive choice for discerning travelers. The asking price for this high-performing asset is $6,250,000. This presents a rare chance to acquire a thriving, upscale hotel with proven financial success and significant growth potential in a dynamic market.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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