Courtyard by Marriott and Hampton Inn & Suites Houston, TX

Listing Agents

Michael Sheppard
T | 505.515.1850

Subu Thiagarajan
T | 510.205.7931

Detailed Information
Property Highlights
  • Marriott / Hilton two asset portfolio ideally positioned in core Houston commercial corridor
  • Courtyard and Hampton Inn combo will allow prospective buyers strong operating economies of scale across ‘best in class’ core-branded select-serve flags
  • Opportunity to acquire two institutionally-branded assets in a Top 5 MSA at a substantial discount to replacement cost
  • Offered unencumbered of management with the ability to retain the Hampton Inn & Suites by Hilton and Courtyard by Marriott flags following completion of respective change of ownership PIPs
  • Ideally located in the heart of the Houston Energy Corridor, a dynamic business district home to a multitude of global energy sector firms and just 14 miles from the I-10 / I-610 junction
  • Within walking distance to Houston Methodist West Hospital and Texas Children’s Hospital West Campus, together comprising over 200 beds
  • Convenient to all broader metro demand including Houston’s largest convention centers, the Texas Medical Center, major sports arenas, Downtown, the NASA Space Center, Houston Zoo, and more
  • Continued positive outlook for Houston, the Energy Capital of the United States, with WTI price per barrel stabilizing in the $70s/80s (50% increase since January 2021), an overarching positive for energy demand and O&G corporate investment
  • Houston is an ideal investment target with nearly 7 million residents, the second highest number of Fortune 500 headquarters in the U.S., and a highly favorable tax climate, making it one of the fastest growing MSAs in the country for two consecutive decades

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