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12909 Northwest Freeway
Houston, TX 77040

Hampton Inn Houston-Brookhollow · Hospitality Property For Sale · 40,680 SF

Investment Highlights

  • Prime Northwest Houston location, 20 minutes to Downtown, with $3.2 million in renovations completed in 2019, meaning minimum PIP expected for buyer.
  • Conveniently situated off Highway 290 in Brookhollow's business district near 610 and Beltway 8, near offices for GE, Reynolds & Reynolds, and more.
  • Traffic has increased drastically since Highway 290 was expanded, and the hotel is near the planned bullet train station at the old Northwest Mall.
  • Excellent proximity to many Houston leisure attractions, like the Galleria and the Houston Premium Outlets, providing easy access to business travel.
  • The hotel is 26 miles from the George Bush International Airport and 24 miles from Houston Hobby Airport.
  • In-place NOI was yielding only 6.9% of GR for 2019 YE, allowing the opportunity to lower expenses with more aggressive operations.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.74 AC
Building Size 40,680 SF
Number of Floors 3
Year Built/Renovated 1998/2018
Tenancy Single
Parking Ratio 2.7/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Digital key

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1077670000009
Land Assessment
£904,494
Improvements Assessment
£1,969,460
Total Assessment
£2,873,954

zoning

Zoning Code N/Ap
N/Ap
  • Listing ID: 22149009

  • Date on Market: 03/02/2021

  • Last Updated:

  • Address: 12909 Northwest Freeway, Houston, TX 77040

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