HVS Brokerage & Advisory introduced the sale of the 73-key Hampton Inn & Suites by Hilton Houston – Cypress Station to RS 150 Hospitality LLC on January 16, 2025. The lodge is situated at 150 Wagon Level, Houston, Texas. The earlier proprietor of the property, inbuilt 2000, was Door Capital Companions, an Austin-based agency.
Located alongside the Interstate 45 frontage/service street, north of Farm-to-Market (FM) 1960 Highway, the lodge has a strategic location that gives entry to a number of company demand mills. These embody Metropolis Place mixed-use growth, Exxon, HP, Baker Hughes, Halliburton, HCA Houston Healthcare Northwest, CEVA Logistics, Richey Enterprise Park, Oil Middle Enterprise Park, Schlumberger, ALL STOP! Survival & Security Coaching, Vallourec Tube-Alloy Houston, Gulf State Toyota, and MiTek.
Along with enterprise facilities, leisure points of interest close by embody The Woodlands Mall, Champions Golf Membership, The Woodlands Market Avenue, Hurricane Harbor Splashtown, Sam Houston Raceway, Mercer Arboretum & Botanic Gardens, and Ashton Gardens North Houston. The property can be simply ten miles northwest of George Bush Intercontinental Airport (IAH).
The sale was carried out by the Ten-X public sale platform, with over ten registered bidders taking part, leading to a aggressive public sale setting. The successful bid was an all-cash provide from the native purchaser, RS 150 Hospitality LLC, and the deal was closed in simply 31 days.
James Rebullida, Vice President of HVS Brokerage & Advisory, acknowledged that Houston continues to draw lodge traders because of the value-added alternatives in most offers and the enticing pricing in comparison with different main Texas cities.
The transaction concerned the HVS Brokerage & Advisory crew, together with Eric Guerrero, James Rebullida, Fadi Rawashdeh, and Kyle Peterek.
