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Crowne Plaza Houston Galleria Area 7611 Katy Fwy 207 Room Hotel Houston, TX 77024 $33,148,799 CAD ($160,139 CAD/Room)
Investment Highlights
- Full Renovation 2025
- Minimal PIP
- Upside Potential to drive rates and performance
Executive Summary
Fully-Renovated property with minimal pip with high upside to drive performance and results with direct mangament.
Data Room Click Here to Access
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $33,148,799 CAD | Lot Size | 2.79 AC |
| Price Per Room | $160,139 CAD | Building Size | 136,373 SF |
| Sale Type | Investment | No. Rooms | 207 |
| Sale Condition | Business Value Included | No. Stories | 6 |
| Property Type | Hospitality | Year Built/Renovated | 1981/2025 |
| Property Subtype | Hotel | Parking Ratio | 2.2/1,000 SF |
| Building Class | B | Corridor | Interior |
| Zoning | F1 - Commercial | ||
| Price | $33,148,799 CAD |
| Price Per Room | $160,139 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.79 AC |
| Building Size | 136,373 SF |
| No. Rooms | 207 |
| No. Stories | 6 |
| Year Built/Renovated | 1981/2025 |
| Parking Ratio | 2.2/1,000 SF |
| Corridor | Interior |
| Zoning | F1 - Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Multi-Room Suites
About 7611 KATY FWY , HOUSTON, TX 77024
Absantee Owner. Completed 2025 Renovation of rooms and public space. Minimal Pip on transfer. High Upside potential with proper management.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 30 | $248.62 CAD | - |
| Guest Room | 177 | $149.17 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Property Taxes
| Parcel Number | 0690140030052 | Total Assessment | $19,977,426 CAD (2025) |
| Land Assessment | $8,302,913 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $11,674,513 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
0690140030052
Land Assessment
$8,302,913 CAD (2025)
Improvements Assessment
$11,674,513 CAD (2025)
Total Assessment
$19,977,426 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Photos
Street View
Street
Map
Presented by
Keller Williams
Crowne Plaza Houston Galleria Area | 7611 Katy Fwy
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