1000 Texas St Houston, TX 77002
- Hospitality properties
Current Use by Public Records
- Hospitality properties
Property Details for 1000 Texas St
- Property type
- Hospitality properties
- Property subtype
- Hotels
Description
This offering presents a compelling value-add opportunity in the vibrant Houston, Texas market. The asset is a sub-performing note secured by a branded hotel located at 1000 Texas St, Houston, Harris County, TX 77002. The hotel features approximately 100 keys and is classified as a hospitality investment with a value-add potential. The property's location within Houston offers significant upside for a savvy investor seeking to reposition and enhance the hotel's operational performance. This is a note/loan sale, not a direct sale of the hotel property itself. The investment type is categorized as value-add, indicating potential for significant returns through strategic improvements and operational enhancements. Further due diligence is recommended to fully assess the financial performance and potential of this unique investment opportunity. The property is situated in a prime location within Houston, offering easy access to major transportation routes and local amenities. This note sale presents a chance to acquire a significant hospitality asset in a dynamic market with the potential for substantial returns. The specific details of the note, including the outstanding balance and terms, are available upon request. Interested parties should conduct their own independent due diligence to verify all aspects of this investment opportunity.
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
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.3625
- Latitude
- 29.7599
