Off-Market Offering80-Unit Off-Market Deal in Texas
$8,500,000
80 units · 46,000 SF
Asking Price
$8,500,000
Cap Rate
9.5%
NOI
$800,000
Price / SF
$185
Building SF
46,000
Units
80
Investment Highlights
Houston TX. IHG-branded 80-key hotel near NRG Stadium. 4-story, interior corridor property with franchise agreement in place through 2029. 2024 Rev 1.8M, projected to surpass 2M in 2025. New management and strong sales team in place. Assumale loan 3.8M, 20 yr term, 4.75% Int NOI 800K. Asking $8.5M negotiable-motivated seller
Yaniv Grinberg
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/houston-tx-ihg-branded-80-key-hotel/
https://www.crezly.com/property/houston-tx-ihg-branded-80-key-hotel/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.