150 Wagon Point Dr | Houston, TX 77090
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- LoopNet Team
150 Wagon Point Dr
Houston, TX 77090
Hampton Inn & Suites Houston-Cypress Station · Hospitality Property For Sale · 37,797 SF
INVESTMENT HIGHLIGHTS
- The 73-key count is highly attractive for an owner/operator looking to acquire its first Hilton-branded asset.
- From 2021 to 2023, the property underwent an extensive, $2.5-million renovation that reimaged both the interior and exterior.
- Given the recent renovations, a minimal change-of-ownership property improvement plan (PIP) is expected.
- Current ownership is motivated to get the hotel sold and will meet the market.
- The hotel’s October 2024 trailing-twelve-month rooms was $1,275,000 (rounded)—a 6.0% increase compared to last year.
- An investor can expect a new franchise agreement with Hilton, for the balance of current ownership’s existing term, which is just under 10 years.
PROPERTY FACTS
| Sale Condition | Auction Sale | Number of Floors | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2000/2023 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 1.94 AC | Corridor | Interior |
| Building Size | 37,797 SF |
| Sale Condition | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.94 AC |
| Building Size | 37,797 SF |
| Number of Floors | 3 |
| Year Built/Renovated | 2000/2023 |
| Tenancy | Single |
| Parking Ratio | 1.85/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
PROPERTY TAXES
| Parcel Number | 1197450010001 | Improvements Assessment | £1,169,697 |
| Land Assessment | £536,383 | Total Assessment | £1,706,080 |
PROPERTY TAXES
Parcel Number
1197450010001
Land Assessment
£536,383
Improvements Assessment
£1,169,697
Total Assessment
£1,706,080
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