302 W Bay Area Blvd | Webster, TX 77598
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This Hospitality Property is no longer advertised on LoopNet.ca.
302 W Bay Area Blvd
Webster, TX 77598
Holiday Inn Houston Webster · Hospitality Property For Sale · 88,878 SF
Investment Highlights
- 109-key, full-service hotel with 2,400 SF conference room, Holiday Inn by IHG in Webster, one of the fastest growing suburbs in the Houston MSA.
- Upon the completion of the PIP, the hotel is projected to have a stabilized room revenue of $3.26M and a RevPAR of $82.
- The Space Center Houston and NASA Mission Control Center/Johnson Space Center have consistently been demand drivers for Webster.
- Constructed in 2009 and priced significantly below replacement costs, most Hilton, Marriott, Hyatt, and IHG brands are already present.
- Located near multiple hotel demand generators in the Webster area, including aerospace companies, medical centers, and museums.
- Houston has welcomed more than 22 million people and hosts nearly 1.25 million visitors annually.
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 4 |
Property Subtype | Hotel | Year Built | 2008 |
Building Class | B | Tenancy | Single |
Lot Size | 2.30 AC | Parking Ratio | 1.45/1,000 SF |
Building Size | 88,878 SF | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.30 AC |
Building Size | 88,878 SF |
No. Stories | 4 |
Year Built | 2008 |
Tenancy | Single |
Parking Ratio | 1.45/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Links
PROPERTY TAXES
Parcel Number | 1297070010003 | Improvements Assessment | $6,435,331 |
Land Assessment | $1,427,148 | Total Assessment | $7,862,479 |
PROPERTY TAXES
Parcel Number
1297070010003
Land Assessment
$1,427,148
Improvements Assessment
$6,435,331
Total Assessment
$7,862,479
Listing ID: 26911993
Date on Market: 2022-10-21
Last Updated:
Address: 302 W Bay Area Blvd, Webster, TX 77598
The Hospitality Property at 302 W Bay Area Blvd, Webster, TX 77598 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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