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Fairfield Inn & Suites Houston Richmond 22010 Southwest Fwy

80 Room Hotel Richmond, TX 77469 $13,360,800 CAD ($167,010 CAD/Room)

Investment Highlights

  • 10 Minutes from Smart Financial Center
  • 12 minutes from Costco
  • 11 Minues from Sugarland Memorial park and Clay park
  • 4 Minutes from River park west
  • 12 Minutes from Oakbend Medical center

Executive Summary

This hotel located in Richmond, Texas, offers a prime investment opportunity. Situated just 5.6 miles from the Smart Financial Centre and 8.6 miles from Constellation Field, the property is in a suburban area with strong local demographics, including a population of 9,131 within a 1-mile radius and a median household income of $110,652. The Fairfield Inn & Suites Houston Richmond, a 3-star Marriott-branded hotel, features 80 rooms across three stories on a 2.49-acre lot. Amenities include an outdoor swimming pool, a fitness center, free WiFi, and free private parking. Additional features include family rooms, a business center, and vending machines for snacks and drinks. Located 34 miles from William P. Hobby Airport, this property provides a well-rounded experience for both leisure and business guests.

Attachments

Fairfiled OM

Property Facts

Price $13,360,800 CAD
Price Per Room $167,010 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 2.49 AC
Building Size 40,654 SF
No. Rooms 80
No. Stories 3
Year Built 2020
Parking Ratio 1.97/1,000 SF
Corridor Interior

Amenities

  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Digital key

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $181.43 CAD -
Guest Room 78 $104.07 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9518-00-001-0050-901
Land Assessment
$3,223,667 CAD
Improvements Assessment
$10,004,604 CAD
Total Assessment
$13,228,272 CAD

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 33626256

  • Date on Market: 2024-10-24

  • Last Updated:

  • Address: 22010 Southwest Fwy, Richmond, TX 77469

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