HVS Brokerage & Advisory, as the only and unique advisory agency to possession, presents the chance to accumulate the 125-key Homewood Suites by Hilton Houston NW at Beltway 8, a extremely coveted extended-stay lodge positioned in Northwest Houston. A brand new investor can have the uncommon alternative to accumulate a Hilton-branded, extended-stay lodge asset within the fourth largest metropolis in america, with the flexibility to restructure the lodge’s operations to enhance each top- and bottom-line money flows

Extremely Coveted, Newer Development, 125-Key, Prolonged-Keep Lodge Asset

• The 125-key rely and the 2018 development are thought of favorable traits for an investor. Publish renovation, new possession might be offered with a clean slate to ramp up operations and the flexibility to extend each revenues and NOI flow-through.

Operated by Third-Occasion Administration Firm

• The lodge is at present operated by a third-party administration firm, with a full workers in place. Nice upside exists for brand new administration to restructure the lodge’s operations and implement price controls.

Market Chief and Rising Demand Pattern

• The lodge skilled a powerful improve in working efficiency in 2024, and continued progress is anticipated this 12 months with the lodge anticipated to realize over $4.3 million in rooms income and $1,590,000 (rounded) in NOI flow-through—the strongest efficiency recorded since opening.

• Since 2021, the lodge has outperformed and constantly dominated its aggressive set, having registered an annual common RevPAR penetration index of 140.0%.

• Per the December 2024 STR report, the Houston Northwest Freeway lodge submarket skilled a 4.5% improve in demand and a 13.7% improve in income in 2024.

• Primarily based upon HVS’s pro-forma projections, stabilized rooms income is anticipated to surpass $4.5 million, with an NOI flow-through of $1,650,000 (rounded).

Sturdy Prolonged-Keep Base Enterprise

• The lodge’s dominant efficiency in 2024 was due primarily to a powerful 16.2% improve in occupancy, with 57.1% of the whole guestrooms being occupied by extended-stay company.

• Prime company accounts in 2024 included CSI Firms, Caterpillar Inc., Patterson UTI Drilling Firm, Vanguard Subject Methods, CLC Lodging, and ALE Options.

Properly-Maintained, Excessive-High quality Bodily Product at a Low cost to Alternative Price

• The property was constructed with premium finishes, that includes above-standard Homewood Suites by Hilton prototype design parts, which is able to enable for higher-than-market charges as demand continues to enhance.

• This chance presents an investor the flexibility to accumulate the property at a value nicely beneath alternative price. To assemble an identical limited-service, extended-stay lodge asset with comparable facilities, the estimated all-in funding could be a minimal of $200,000 per key.

15-12 months Homewood Suites by Hilton Franchise License Settlement Anticipated

• Upon approval from the franchisor and completion of the brand-mandated change-of-ownership property enchancment plan (PIP), an investor can count on a brand new, 15-year license settlement with Hilton.

Glorious Location Amongst Sturdy Demand Mills, Close to Tens of millions of Sq. Ft of Industrial and Enterprise Parks

• The property advantages from glorious visibility alongside the Beltway 8 frontage highway, close to Fallbrook drive. Beltway 8, a significant thoroughfare in Houston, accommodates 1000’s of vehicles each day.

• The lodge is strategically located close to tens of millions of sq. ft of business and enterprise parks, together with the Amazon Distribution Heart (365,380 sq. ft.) and the Residence Depot Distribution Heart (657,600 sq. ft.).

• Company demand turbines within the space embody the Windfern Enterprise Park, Sam Houston Enterprise Park, Prologis Beltway Antoine Enterprise Park, Amazon Distribution Heart, Grand Nationwide Enterprise Park, Houston Methodist Willowbrook Hospital, and Kindred Hospital Houston Northwest.

• Leisure demand turbines within the space embody the Sam Houston Race Park, Willowbrook Mall, Classic Park Buying Heart, Kickerillo-Mischer Protect, GameTime Houston, and K1 Velocity Indoor Go Karts.

• Sam Houston Race Park is positioned inside two miles of the property. The park hosts each Thoroughbred and American Quarter Horse racing annually (20,000 capability), together with different music festivals and concert events.

Totally Unencumbered by Administration

Rising Northwest Houston Industrial and Enterprise Park Submarket

• Northwest Houston, notably alongside Beltway 8, is residence to many industrial and enterprise parks.

• Just a few key developments, representing nearly 900,000 sq. ft of area, are at present underway:

  • Mosielee Commerce Park (429,698 sq. ft.)

  • Alliance Industrial Distribution Heart (185,000 sq. ft.)

  • Constellation Rosslyn Industrial Undertaking (284,960 sq. ft.)

For inquiries please go to here to execute the Confidentiality Settlement.