Property profile

7495 Greens Rd Houston, TX 77064

OFF-MARKET
Hospitality properties
Built 2014
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Property summary

AI-generated overview

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

Verified
Property type Hospitality properties
Year built 2014

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Auto Repair Shop

Location

7495 Greens Rd Houston, TX 77064
Houston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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