Basics
- Date added: Added 2 years ago
- Category: Hotel
- Status: For Sale
- Guestrooms: 112
- Bedrooms: 112
- Total rooms: 112
- Area, sq ft: 57499.2 sq ft
- Lot size, sq ft: 335 sq ft
- Year built: 2000
- Price per sq ft: $334
- Price Per Key: $196,428
- Broker: NewGen Advisory
- Agent: David Bowman
- Agent Phone: 602-648-2700
- Agent Email: info@newgenadv.com
- Website:: https://newgenadv.com/
Description
-
Description:
The Bowman Post Group of NewGen Advisory is pleased to present for sale the fee simple interest in the Holiday Inn Express & Suites Houston - Downtown Convention Center, an IHG Hotel. This hotel is conveniently located near Toyota Center, Minute Maid Park, Discovery Green Park and just two blocks away is the George R Brown Convention Center. This is a great opportunity for an investor to acquire a rare downtown property in a city that's growing at a rapid rate.
Houston is the most populous city in Texas, fourth-most populous city in the United States with a population of over 2.3 million. The Great Houston area encompasses nine counties along the Gulf Coast in Southeast Texas housing over 7 million people and counting. The economy of Houston is based primarily on the energy industry, particularly oil. However, health care, biomedical research, and aerospace also constitute large sectors. In 2020, the real gross domestic product (GDP) of the Greater Houston area amounted to 455.3 billion U.S. dollars. The U.S. Bureau of Economic Analysis estimates Houston's GDP ranking it as the nation's seventh largest metro economy.
Broker of Record: Bharat Patel-Vakil | NewGen Advisory TX, LLC | License No.: 9006243
Rooms
- Additional room types: The Bowman Post Group of NewGen Advisory is pleased to present for sale the fee simple interest in the Holiday Inn Express & Suites Houston - Downtown Convention Center, an IHG Hotel. This hotel is conveniently located near Toyota Center, Minute Maid Park, Discovery Green Park and just two blocks away is the George R Brown Convention Center. This is a great opportunity for an investor to acquire a rare downtown property in a city that's growing at a rapid rate. Houston is the most populous city in Texas, fourth-most populous city in the United States with a population of over 2.3 million. The Great Houston area encompasses nine counties along the Gulf Coast in Southeast Texas housing over 7 million people and counting. The economy of Houston is based primarily on the energy industry, particularly oil. However, health care, biomedical research, and aerospace also constitute large sectors. In 2020, the real gross domestic product (GDP) of the Greater Houston area amounted to 455.3 billion U.S. dollars. The U.S. Bureau of Economic Analysis estimates Houston's GDP ranking it as the nation's seventh largest metro economy.
Location
Building Details
- Cooling features: PTAC
- Heating features: PTAC
- Garage spaces: 100
- Floor covering: Carpet, Concrete, Hard wood, Laminate, Linoleum/vinyl, Slate, Softwood, Tile
- Basement: Partially finished
- Exterior material: Brick, Stone, Wood
- Roof: Asphalt, Built-up, Cement/concrete, Composition, Hurricane Impact Glass, Metal, Porte Co·chère, Shake/Shingle, Shingle, Slate, Stone, Stucco, Tile, Vinyl, Wood products
- Parking: Garage - detached, On-street, Parking lot, Valet
Amenities & Features
- Amenities:
- Features:
Nearby Schools
- Elementary School: MacGregor Elementary School
- Secondary School: McReynolds Middle School
- High School: Houston Academy for International Studies
- College: Brown College Commons
- University: Rice University Graduate Student Commons