For Sale

$1,370,000

HIGHLIGHTS:
  • Active
  • $18,959/month
  • 1 DOM
  • 2 Stories
  • 0 Beds
  • 19,059 SqFT
Description

Prime commercial real estate investment opportunity in a rapidly growing Houston corridor. Operating as a two-story exterior-corridor motel, this asset encompasses a 19,059-square-foot building situated on a generous 0.88-acre lot (38,332 square feet). Originally constructed in 1979, the property underwent a complete capital improvement and modernization program in 2023, featuring 35 updated guest rooms with high-speed internet, ample on-site parking, and streamlined operations. Zoned flexible C2 commercial with excellent frontage along a high-visibility thoroughfare, this asset offers strong ongoing hospitality cash flow alongside tremendous upside potential for adaptive reuse, boutique lodging repositioning, or site redevelopment with convenient access to major arterial routes.

Overview
  • MLS Number: 72803715
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 19,059 SqF
  • Land Size: 38,380 sqft
  • Year Built: 1979
Financial
Price:
$1,370,000
Price/SqFT:
$71.88
HOA Fee:
Tax Rate:
2.12522 %
Est. Monthly:
$18,959 *
Tax Amount:
$29,116
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Other Heating
    Cooling:
    Other Cooling
  • Roof:
    Composition

Listed By:
Andre Beraud

Brooks & Davis Real Estate

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