Current Use by Public Records
- Fairfield Inn & Suites Houston Richmond / Hotel & Motel
- assembly hall of Jehovah's witness / Church / Mosque
Property Details for 22010 Southwest Fwy
- Year built
- 2020
- Lot size
- 2.49 lot acres
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
Exceptional investment opportunity: This 80-key Fairfield Inn & Suites Houston Richmond, a three-story, 40,645 square foot Marriott-branded hotel, is situated on a 2.49-acre lot in Richmond, Texas. Built in 2020, the property boasts a strong location, just 5.6 miles from the Smart Financial Centre and 8.6 miles from Constellation Field. The surrounding area features robust demographics, with a population of 9,131 within a 1-mile radius and a median household income of $110,652. Amenities include an outdoor pool, fitness center, free Wi-Fi, and free private parking. Guest accommodations are enhanced by family rooms and a business center, while vending machines provide added convenience. The hotel's proximity to William P. Hobby Airport (34 miles) makes it attractive to both leisure and business travelers. Offered at $9,500,000 ($233.73/sq ft), this represents a compelling opportunity for significant returns. The property's strong brand recognition, desirable location, and comprehensive amenities position it for continued success in the thriving Richmond market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.7141
- Latitude
- 29.5581
