Homewood Suites By Hilton Houston NW at Beltway 8 in Houston, TX Listed for Sale

HVS Brokerage & Advisory, as the only real and unique advisory agency to possession, presents the chance to amass the 125-key Homewood Suites by Hilton Houston NW at Beltway 8, a extremely coveted extended-stay resort positioned in Northwest Houston. A brand new investor may have the uncommon alternative to amass a Hilton-branded, extended-stay resort asset within the fourth largest metropolis in the USA, with the flexibility to restructure the resort’s operations to enhance each top- and bottom-line money flows

Extremely Coveted, Newer Building, 125-Key, Prolonged-Keep Resort Asset

• The 125-key depend and the 2018 building are thought-about favorable traits for an investor. Put up renovation, new possession can be introduced with a clean slate to ramp up operations and the flexibility to extend each revenues and NOI flow-through.

Operated by Third-Social gathering Administration Firm

• The resort is presently operated by a third-party administration firm, with a full employees in place. Nice upside exists for brand spanking new administration to restructure the resort’s operations and implement price controls.

Market Chief and Growing Demand Pattern

• The resort skilled a robust enhance in working efficiency in 2024, and continued development is anticipated this yr with the resort anticipated to attain over $4.3 million in rooms income and $1,590,000 (rounded) in NOI flow-through—the strongest efficiency recorded since opening.

• Since 2021, the resort has outperformed and constantly dominated its aggressive set, having registered an annual common RevPAR penetration index of 140.0%.

• Per the December 2024 STR report, the Houston Northwest Freeway resort submarket skilled a 4.5% enhance in demand and a 13.7% enhance in income in 2024.

• Based mostly upon HVS’s pro-forma projections, stabilized rooms income is anticipated to surpass $4.5 million, with an NOI flow-through of $1,650,000 (rounded).

Robust Prolonged-Keep Base Enterprise

• The resort’s dominant efficiency in 2024 was due primarily to a robust 16.2% enhance in occupancy, with 57.1% of the full guestrooms being occupied by extended-stay friends.

• Prime company accounts in 2024 included CSI Firms, Caterpillar Inc., Patterson UTI Drilling Firm, Vanguard Discipline Methods, CLC Lodging, and ALE Options.

Properly-Maintained, Excessive-High quality Bodily Product at a Low cost to Alternative Value

• The property was constructed with premium finishes, that includes above-standard Homewood Suites by Hilton prototype design parts, which is able to permit for higher-than-market charges as demand continues to enhance.

• This chance presents an investor the flexibility to amass the property at a value properly beneath alternative price. To assemble an identical limited-service, extended-stay resort asset with comparable facilities, the estimated all-in funding could be a minimal of $200,000 per key.

15-Yr Homewood Suites by Hilton Franchise License Settlement Anticipated

• Upon approval from the franchisor and completion of the brand-mandated change-of-ownership property enchancment plan (PIP), an investor can count on a brand new, 15-year license settlement with Hilton.

Glorious Location Amongst Robust Demand Turbines, Close to Tens of millions of Sq. Ft of Industrial and Enterprise Parks

• The property advantages from wonderful visibility alongside the Beltway 8 frontage highway, close to Fallbrook drive. Beltway 8, a significant thoroughfare in Houston, accommodates hundreds of vehicles every day.

• The resort is strategically located close to thousands and thousands of sq. toes of commercial and enterprise parks, together with the Amazon Distribution Heart (365,380 sq. ft.) and the Dwelling Depot Distribution Heart (657,600 sq. ft.).

• Company demand mills within the space embrace the Windfern Enterprise Park, Sam Houston Enterprise Park, Prologis Beltway Antoine Enterprise Park, Amazon Distribution Heart, Grand Nationwide Enterprise Park, Houston Methodist Willowbrook Hospital, and Kindred Hospital Houston Northwest.

• Leisure demand mills within the space embrace the Sam Houston Race Park, Willowbrook Mall, Classic Park Buying Heart, Kickerillo-Mischer Protect, GameTime Houston, and K1 Pace Indoor Go Karts.

• Sam Houston Race Park is positioned inside two miles of the property. The park hosts each Thoroughbred and American Quarter Horse racing annually (20,000 capability), together with different music festivals and live shows.

Absolutely Unencumbered by Administration

Rising Northwest Houston Industrial and Enterprise Park Submarket

• Northwest Houston, notably alongside Beltway 8, is residence to many industrial and enterprise parks.

• A number of key developments, representing nearly 900,000 sq. toes of area, are presently underway:

  • Mosielee Commerce Park (429,698 sq. ft.)

  • Alliance Industrial Distribution Heart (185,000 sq. ft.)

  • Constellation Rosslyn Industrial Venture (284,960 sq. ft.)

For inquiries please go to right here to execute the Confidentiality Settlement.