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    OFF-MARKET
    Hospitality properties

    7495 Greens Rd, Houston, TX 77064

    Built 2014
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Best Western Premier Ashton Suites-Willowbrook Hotel & Motel
    • Adam's autowerks Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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