HVS Brokerage & Advisory, as the only and unique advisory agency to possession, presents the chance to accumulate the 60-key High quality Inn & Suites Seabrook NASA Kemah, a limited-service lodge asset in Seabrook, Texas.
HVS Brokerage & Advisory, as the only and unique advisory agency to possession, presents the chance to accumulate the 60-key High quality Inn & Suites Seabrook NASA Kemah, a limited-service lodge asset in Seabrook, Texas. A extra “fingers on” investor can have the flexibility to comprehend the numerous upside of renovating and proudly owning a lodge property with additional potential at a worth nicely beneath alternative value.
Sturdy Market Fundamentals and Enhancing Efficiency
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The lodge’s ten-year common rooms income from 2014 to 2023 equates to $878,919.
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Per the December 2023 STR report, year-end room-night income for the lodge and the aggressive set elevated by 5.7% and 9.6%, respectively, over the degrees attained in 2022, signaling regular market demand and potential revenue-growth alternatives.
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In 2023, the lodge generated $845,997 in income, reflecting a 6.0% improve over the quantity earned in 2022.
Low cost to Alternative Value
Restricted Resort Building within the Space
Ideally suited Alternative for an Skilled Proprietor/Operator
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The 60-key rely is taken into account optimum for an skilled proprietor/operator aiming to maximise effectivity and income; furthermore, property upgrades in 2023, in addition to ongoing capital enhancements, are constructive components.
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Per the December 2023 STR Report, the lodge ranked fourth out of six aggressive motels when it comes to occupancy, which exhibits important room for enchancment.
Selection Resorts Worldwide Franchise
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The lodge has obtained many accolades signifying an distinctive degree of visitor satisfaction inside its model, together with:
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Gold Award – Selection Resorts Worldwide (2020, 2021, and 2023)
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Platinum Award – Selection Resorts Worldwide (2024)
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Upon completion of the change-of-ownership PIP, an investor can anticipate a brand new, long-term franchise license settlement with Selection Resorts Worldwide.
Wonderful Location Amongst Enticing Visitor Facilities and Demand Mills
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The property is inside three miles of the 60-acre Kemah Boardwalk outside theme park. The Boardwalk is dwelling to greater than ten eating places, a group of rides and curler coasters, carnival video games, retail retailers, and a 400-slip marina. The quite a few eating, retail, and leisure choices are constructive attributes for each enterprise and transient friends. Further leisure demand mills embrace the NASA Johnson House Heart and close by areas of water that present alternatives for outside water-related actions, corresponding to swimming, diving, boating, jet snowboarding, and fishing.
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Company demand mills within the space embrace the College of Houston-Clear Lake campus, Arkema, Honeywell, Celanese, Bayer, DuPont, LyondellBasell, Good Yr, and ExxonMobil, in addition to the Bayport Industrial District and the Port of Houston.
For inquiries please go to right here to execute the Confidentiality Settlement.
