Hotels for Sale

HOLIDAY INN HOUSTON / WESTCHASE, TX

Address:
Westchase, Texas
Description:
  • Fee-simple interest in the lender-owned, 130-room, full-service Holiday Inn Houston-Westchase available at a substantial discount to replacement cost
  • Subject being offered for sale in the December 9th auction event on Ten-X
  • Offered unencumbered of debt and management with the ability to retain the Holiday Inn flag for a new, long-term license
  • Significant upside for new ownership with the hotel foreclosed in June 2019
  • Situated on the southwest side of Houston at the Interstate 10, Highway 8 and Highway 69 intersection; more than 40,600 vehicles pass the location daily
  • Proximate to significant core demand generators including top companies like Phillips 66, BP North America, CB&I, ABB, and National Oilwell Varco in the Westchase Business District
  • Located less than five miles from City Center and close proximity and access to all regional demand including Galleria Mall, Memorial City Mall, Houston Zoo and the Museum of Fine Arts
  • The Houston MSA was the second fastest growing metropolitan area from 2010-2019 with approximately 1.28MM new residents and is projected to gain another 1.24MM residents by 2029, which will make it the fastest growing metropolitan area in the US for two consecutive decades

Listing Agents

Kami Burnette
T | 512.831.5605
Email

Subu Thiagarajan
T: 510.205.7931
Email
DRE #01891134

Categories List:   

Send message to listing owner