5851 Rogerdale Rd | Houston, TX 77072
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- LoopNet Team
5851 Rogerdale Rd
Houston, TX 77072
SpringHill Suites Houston Westchase · Hospitality Property For Sale
·
75,947 sq ft
INVESTMENT HIGHLIGHTS
- 112-unit, four story, interior corridor, dual elevators, premium branded SpringHill Suites by Marriot.
- Priced well under replacement cost at $108,036/room.
- Excellent accessibility via Westpark Tollway and Beltway 8, providing easy connectivity to: Houston energy Galleria (Texas's largest shopping center)
- Priced under 4x RRM and a 8.6% Cap Rate on 2024 income and expenses.
- Located in Westchase, a thriving business district in Houston, TX with proximity to major corporate offices, energy companies, and technology firms
- Potential for revenue growth with strategic renovation and brand repositioning.
PROPERTY FACTS
| Property Type | Hospitality | No. Floors | 4 |
| Property Subtype | Hotel | Year Built | 2014 |
| Costar Property Class | B | Parking Allocation | 1.58/1,000 sq ft |
| Total Plot Size | 2.81 ac | Corridor | Interior |
| Property Size | 75,947 sq ft | ||
| Use Class | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 2.81 ac |
| Property Size | 75,947 sq ft |
| No. Floors | 4 |
| Year Built | 2014 |
| Parking Allocation | 1.58/1,000 sq ft |
| Corridor | Interior |
| Use Class | F1 |
AMENITIES
- Business Centre
- Fitness Centre
- High Speed Internet Access
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 1296480010003 | Improvements Assessment | £2,223,901 |
| Land Assessment | £2,740,252 | Total Assessment | £4,964,153 |
PROPERTY TAXES
Parcel Number
1296480010003
Land Assessment
£2,740,252
Improvements Assessment
£2,223,901
Total Assessment
£4,964,153
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