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Best Western Plus Pearland / Houston Medical Center

Best Western Plus Pearland / Houston Medical Center

14402 Old Chocolate Bayou Rd, Houston, TX, 77048
  • Price: $6,999,000
  • Cap Rate: 9.72% (Projected)
  • Price Per Key: $114,590
  • Total Rooms: 61
  • Proforma NOI: $680,000
  • Building SF: 29,496
  • RRM: 4.11x (Projected)

FOR SALE – BRAND-NEW BEST WESTERN PLUS PEARLAND / HOUSTON MEDICAL CENTER

  • Seth Equities is pleased to exclusively offer the exceptional opportunity to acquire a newly constructed, upper-midscale Best Western Plus hotel. Strategically situated at 14402 Old Chocolate Bayou Rd, Houston, TX 77048, this hotel is perfectly positioned to benefit from substantial local demand drivers.

Investment Highlights

  • 61 Rooms: Modern mix of king and double-queen configurations
  • New Construction: Scheduled opening June 2025; zero immediate capital improvements required
  • Strong Revenue Projections: Stabilized RevPAR forecasted at $74
  • Cost-Efficient Operation: Energy-efficient building standards, full warranties, and accelerated depreciation benefits

Pearland / Houston Medical Center

  • Less than 10 miles from Texas Medical Center (120,000+ employees, 10M patient encounters annually)
  • Approximately 7 miles from William P. Hobby Airport (14.6M annual passengers)
  • Minutes from Pearland Town Center retail district and NASA Johnson Space Center
  • Easy access to major thoroughfares (SH-288, Beltway 8, Loop 610), Downtown Houston, Port Houston, and Energy Corridor
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Seth Equities is a premier hotel brokerage and advisory firm dedicated to delivering exceptional results for hotel investors, owners, and developers. We specialize in hotel sales, acquisitions, asset management, and strategic advisory, providing a goal-focused approach that ensures every transaction and investment decision is optimized for success.

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