- For Sale $6,600,000
- Property Type Other
- Property Size 29,496 SF
- Units 61
- Lot Size 1 Acre
- Building Class C
- Year Built 2025
- Date Updated Jul 30, 2026
Description
The site fronts Beltway 8 at Cullen Boulevard, with SH-288 roughly four miles west and I-45 six miles east. The position serves the Texas Medical Center (~12 mi, 106,000+ employees, 60+ institutions), NRG Park and NRG Stadium (~9 mi), William P. Hobby Airport (~9 mi, ~13.9M annual passengers), the Pearland medical and life-science cluster (~7 mi), the University of Houston (~10 mi), the Port of Houston petrochemical corridor, and Ellington Field / Houston Spaceport. TMC's 37-acre Helix Park campus is projected to add more than 23,000 permanent Harris County jobs at full build-out.
Highlights
- #1 in occupancy among its seven-hotel competitive set every month of 2026, with 76.4% year-to-date occupancy through May
- $108,197 per key approximately 5362% of the $175K$205K per-key cost to deliver comparable upper-midscale product in Houston today
- Brand-new 2025 construction delivered July 2025, no PIP, no deferred maintenance, first-generation FF&E and building systems under original warranty
- Constrained supply only five upper-midscale hotels totaling 370 rooms within five miles, with zero competing deliveries in the trailing twelve months
- Favorable brand economics 20-year Best Western Plus membership at a 3.5% royalty through year five, with 3-mile territorial protection
- Quantified rate upside the newest asset in a peer group averaging 19 years of age currently prices sixth of seven; rate, not demand, is the lever
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Contacts
Rorik Seth
Seth Equities
Location
Located at 14402 Old Chocolate Bayou Rd # 65, Houston, TX 77048, this property is part of the Minnetex neighborhood and Houston market.
Contact Listing Broker
Rorik Seth
Seth Equities
