8950 Fallbrook Dr | Houston, TX 77064
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- LoopNet Team
8950 Fallbrook Dr
Houston, TX 77064
Homewood Suites by Hilton Houston NW at BW 8 · Hospitality Property For Sale
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90,446 SF
INVESTMENT HIGHLIGHTS
- Highly coveted, newer construction, 125-key, extended-stay hotel asset
- In 2024, the hotel achieved over $4.1 million in rooms revenue and $1.47 million in NOI flow-through
- A 15-Year Homewood Suites by Hilton franchise license agreement is expected
- Operated by third-party management company, offering upside for an aggressive owner/operator
- The property was built with premium finishes, featuring above-standard Homewood Suites by Hilton prototype design elements
- The property benefits from excellent visibility along the Beltway 8 frontage road, near Fallbrook drive
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2018 |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 2.77 AC | Corridor | Interior |
| Building Size | 90,446 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.77 AC |
| Building Size | 90,446 SF |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 1.26/1,000 SF |
| Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Digital key
PROPERTY TAXES
| Parcel Number | 1173970020002 | Improvements Assessment | $13,052,542 |
| Land Assessment | $1,329,474 | Total Assessment | $14,382,016 |
PROPERTY TAXES
Parcel Number
1173970020002
Land Assessment
$1,329,474
Improvements Assessment
$13,052,542
Total Assessment
$14,382,016
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