720 W Bay Area Blvd | Webster, TX 77598
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- LoopNet Team
720 W Bay Area Blvd
Webster, TX 77598
ESA NASA Houston TX · Hospitality Property For Sale · 46,812 SF
Investment Highlights
- Fee-simple interest in the corporate-owned and corporate-managed 86-room Extended Stay America (ESA) Houston NASA/Bay Area.
- Ability to purchase any combination of the 20 assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
- Tours Available July 10 & 11. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
- Strong performance gains with a trailing 3-month increase in occupancy of +10%.
- Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 46,812 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2024 |
| Building Class | B | Parking Ratio | 1.88/1,000 SF |
| Lot Size | 2.33 AC | Corridor | Interior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.33 AC |
| Building Size | 46,812 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2024 |
| Parking Ratio | 1.88/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 1183300010001 | Improvements Assessment | $1,351,909 |
| Land Assessment | $4,282,518 | Total Assessment | $5,634,427 |
PROPERTY TAXES
Parcel Number
1183300010001
Land Assessment
$4,282,518
Improvements Assessment
$1,351,909
Total Assessment
$5,634,427
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