Residence Inn Houston Sugar Land/Stafford | 12703 Southwest Fwy
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Residence Inn Houston Sugar Land/Stafford 12703 Southwest Fwy
78 Room Hotel Stafford, TX 77477 For Sale
INVESTMENT HIGHLIGHTS
- Opportunity to acquire a high-quality branded extended-stay lodging property at a significant discount compared to the cost of building a similar one.
- The hotel’s strategic location in Sugar Land/Stafford offers convenient access to various major demand generators.
- The hotel’s strong cash flow and potential for increased market share make it an attractive opportunity for a new operator.
- The hotel is located less than a mile from The Grid, a 192-acre mixed-use development in Fort Bend County.
EXECUTIVE SUMMARY
CBRE Hotels is pleased to solicit offers to acquire the fee-simple interest in the Residence Inn in Houston Sugar Land/Stafford, Texas. The property is located off Southwest Freeway, just minutes from First Colony Mall, Stafford Centre, Constellation Field, and Missouri City. Thanks to this prime location, the Residence Inn receives business from a diverse population of both corporate and leisure travelers.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 78 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2011 |
| Building Class | A | Tenancy | Single |
| Lot Size | 2.32 AC | Corridor | Interior |
| Building Size | 53,022 SF |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 2.32 AC |
| Building Size | 53,022 SF |
| No. Rooms | 78 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2011 |
| Tenancy | Single |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- Tennis
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 78 | $249.84 CAD | - |
PROPERTY TAXES
| Parcel Number | 7230-03-001-0030-910 | Improvements Assessment | $9,261,015 CAD |
| Land Assessment | $1,329,035 CAD | Total Assessment | $10,590,050 CAD |
PROPERTY TAXES
Parcel Number
7230-03-001-0030-910
Land Assessment
$1,329,035 CAD
Improvements Assessment
$9,261,015 CAD
Total Assessment
$10,590,050 CAD
ZONING
| Zoning Code | YQ |
| YQ |
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Residence Inn Houston Sugar Land/Stafford | 12703 Southwest Fwy
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