Strong Existing Cash Flow: The Extended Stay America – Energy Corridor is a consistently high-performing asset, achieving year over-year revenue growth for the past six years. In 2024, the property generated $2.65 million in revenue with NOI margins in the mid-30% range.

Prime Value-Add Opportunity: Although the property is overdue for renovations, its historical performance underscores the strength of both the asset and its location. By completing the required PIP, a new owner can significantly enhance ADR, RevPAR, and occupancy while simultaneously improving operational efficiency and reducing expenses.

Attractive Multifamily Conversion Potential: Situated within Houston’s city limits, the property requires no zoning change for a multifamily conversion. It is zoned to Katy Taylor High School, a top-rated A+ high school within one of the most sought-after school districts in Texas—making it especially appealing for residential conversion.

Resilient Performance Through Economic Downturns: Even during the severe industry downturn in 2020, the property demonstrated remarkable resilience, achieving an average occupancy of 86.5%, $1,985,000 in total revenue, and $738,000 in NOI.