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Best Western Plus Pearland/Houston Medical 14402 Old Chocolate Bayou Rd 61 Room Hotel Houston, TX 77048 $9,213,072 CAD ($151,034 CAD/Room) 10.30% Cap Rate
INVESTMENT HIGHLIGHTS
- 61 Rooms: Modern mix of king and double-queen configurations
- Strong Revenue Projections: Stabilized RevPAR forecasted at $74
- Approximately 7 miles from William P. Hobby Airport (14.6M annual passengers)
- New Construction: Scheduled opening June 2025; zero immediate capital improvements required
- Less than 10 miles from Texas Medical Center (120,000+ employees, 10M patient encounters annually)
- Cost-Efficient Operation: Energy-efficient building standards, full warranties, and accelerated depreciation benefits
EXECUTIVE SUMMARY
Seth Equities is pleased to exclusively offer the exceptional opportunity to acquire a newly constructed, upper-midscale Best Western Plus hotel. Strategically situated at 14402 Old Chocolate Bayou Rd, Houston, TX 77048, this hotel is perfectly positioned to benefit from substantial local demand drivers.
This investment offers a rare chance to own a premium, hassle-free asset poised to deliver strong returns and significant long-term value appreciation.
NOW OPEN!
Contact Seth Equities today for detailed financials, the Offering Memorandum, or to schedule a site tour.
Confidential listing – Please do not disturb construction site.
This investment offers a rare chance to own a premium, hassle-free asset poised to deliver strong returns and significant long-term value appreciation.
NOW OPEN!
Contact Seth Equities today for detailed financials, the Offering Memorandum, or to schedule a site tour.
Confidential listing – Please do not disturb construction site.
PROPERTY FACTS
| Price | $9,213,072 CAD | Lot Size | 1.01 AC |
| Price Per Room | $151,034 CAD | Building Size | 29,496 SF |
| Sale Type | Investment | No. Rooms | 61 |
| Cap Rate | 10.30% | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2025 |
| Property Subtype | Hotel | Parking Ratio | 1.32/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | $9,213,072 CAD |
| Price Per Room | $151,034 CAD |
| Sale Type | Investment |
| Cap Rate | 10.30% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.01 AC |
| Building Size | 29,496 SF |
| No. Rooms | 61 |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 1.32/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $140.99 CAD | - |
| Guest Room | 59 | $131.22 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 1341160010010 | Improvements Assessment | $2,006,704 CAD |
| Land Assessment | $733,813 CAD | Total Assessment | $2,740,517 CAD |
PROPERTY TAXES
Parcel Number
1341160010010
Land Assessment
$733,813 CAD
Improvements Assessment
$2,006,704 CAD
Total Assessment
$2,740,517 CAD
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Best Western Plus Pearland/Houston Medical | 14402 Old Chocolate Bayou Rd
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