302 W Bay Area Blvd | Webster, TX 77598
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302 W Bay Area Blvd
Webster, TX 77598
Holiday Inn Houston Webster · Hospitality Property For Sale · 88,878 SF
Investment Highlights
- 109-key, full-service hotel with 2,400 SF conference room, Holiday Inn by IHG in Webster, one of the fastest growing suburbs in the Houston MSA.
- Upon the completion of the PIP, the hotel is projected to have a stabilized room revenue of $3.26M and a RevPAR of $82.
- The Space Center Houston and NASA Mission Control Center/Johnson Space Center have consistently been demand drivers for Webster.
- Constructed in 2009 and priced significantly below replacement costs, most Hilton, Marriott, Hyatt, and IHG brands are already present.
- Located near multiple hotel demand generators in the Webster area, including aerospace companies, medical centers, and museums.
- Houston has welcomed more than 22 million people and hosts nearly 1.25 million visitors annually.
PROPERTY FACTS
| Property Type | Hospitality | Number of Floors | 4 |
| Property Subtype | Hotel | Year Built | 2008 |
| Building Class | B | Tenancy | Single |
| Lot Size | 2.30 AC | Parking Ratio | 1.45/1,000 SF |
| Building Size | 88,878 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.30 AC |
| Building Size | 88,878 SF |
| Number of Floors | 4 |
| Year Built | 2008 |
| Tenancy | Single |
| Parking Ratio | 1.45/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 1297070010003 | Improvements Assessment | £3,544,862 |
| Land Assessment | £786,136 | Total Assessment | £4,330,998 |
PROPERTY TAXES
Parcel Number
1297070010003
Land Assessment
£786,136
Improvements Assessment
£3,544,862
Total Assessment
£4,330,998
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