Holiday Inn Houston NW
- Beltway

Houston, TX

3539 North Sam Houston Pkwy W, Houston, TX 77086

PROPERTY SUMMARY

 

Opportunity

  • Fee-simple interest in the 100-key, 2020-build Holiday Inn Houston NW - Beltway 8
  • Offered at a significant discount below replacement cost, with minimal anticipated PIP given the property’s recent 2020 construction 
  • Unencumbered by existing management agreements and debt, providing new ownership with full operational and financial flexibility 
  • Opportunity to implement a more local hands-on ownership structure capitalizing on operational efficiencies

Location

  • Within close proximity to major corporate employers including ExxonMobil, Schlumberger, and National Oilwell Varco, within Houston’s energy corridor—home to 4,500+ energy-related firms and 20+ Fortune 500 headquarters
  • Approximately 8 miles from George Bush Intercontinental Airport, which serves more than 40 million passengers annually, providing convenient access for domestic and international travelers
  • Minutes from Memorial Hermann Greater Heights and Memorial Hermann Cypress, part of Memorial Hermann Health System, a 17-hospital system employing 32,000+ across Greater Houston
  • Located along Beltway 8 with direct access to I-45 and Highway 290, within a 7.3+ million population metro and traffic counts exceeding 150,000 vehicles per day

Market Overview

  • Houston is one of the fastest-growing major U.S. MSAs, projected to approach 10 million residents by 2050 and expected to surpass Chicago as the nation’s third-largest metro by the late 2030s
  • Supported by a pro-business environment with no state income tax, the metro continues to lead the nation in job creation across energy, healthcare, logistics, and manufacturing sectors
  • Significant infrastructure investment across the region includes the $1B+ Houston Ship Channel expansion, $1.46B modernization at George Bush Intercontinental Airport, and the planned $13B I-45 North Houston Highway Improvement Project
  • The MSA continues to expand into high-growth suburban areas including Cypress, Katy, Pearland, Montgomery, and Liberty County, ranking among the top 5 U.S. metros for population growth and adding 100,000+ residents annually
  • The region is supported by a large higher education network with 300,000+ students across 100+ institutions, including University of Houston, Rice University, Texas Southern University, and Baylor College of Medicine
  • Major professional sports franchises including the Houston Texans (NFL), Houston Astros (MLB), Houston Rockets (NBA), and Houston Dynamo (MLS)—support a year-round calendar of regional events

Carter Benedict

Senior Associate

518.317.0569

cbenedict@paramountlodging.com

Mike Schlictman

Principal

803.920.4173

mikes@paramountlodging.com

Andrew Makhlouf

Principal

312.610.9067

amakhlouf@paramountlodging.com

Raheel Moolji

Managing Director

214.636.2558

rmoolji@paramountlodging.com