7979 Willow Chase Blvd | Houston, TX 77070
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- LoopNet Team
7979 Willow Chase Blvd
Houston, TX 77070
Lender-Owned Hilton Garden Inn Houston NW · Hospitality Property For Sale
·
106,645 SF
INVESTMENT HIGHLIGHTS
- Lender-owned, 171-room, six-story Hilton Garden Inn located along Highway 249, a major thoroughfare in the northwest corridor of Houston.
- Due to the conversion of several hotel rooms for alternative use, there is now a limited availability of hotel accommodations in the area.
- Nearby a wealth of diverse demand drivers, including Chasewood Technology Park, Lone Star College–University Park, St. Luke’s Hospital, and more.
- Strong upside upon the completion of the PIP, offering considerable potential for market penetration for a prospective investor.
- The Hilton Garden Inn has demonstrated increasing revenue trends with Room Revenue and RevPAR in 2023 exceeding the same period in 2022 by 20%.
- Houston is the second fastest-growing major metro area in the U.S. and the fifth most populated metro in the nation.
PROPERTY FACTS
| Sale Condition | Auction Sale | Building Size | 106,645 SF |
| Type of Ownership | Fee Simple | No. Stories | 6 |
| Property Type | Hospitality | Year Built/Renovated | 2002/2015 |
| Property Subtype | Hotel | Parking Ratio | 1.69/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 3.60 AC | Parcel Number | 1207520010003 |
| Zoning | F1 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.60 AC |
| Building Size | 106,645 SF |
| No. Stories | 6 |
| Year Built/Renovated | 2002/2015 |
| Parking Ratio | 1.69/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
| Parcel Number | 1207520010003 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
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