SpringHill Suites Houston Westchase

Investment Highlights

• Priced at approximately half of replacement cost — $97,321 per key versus a median development cost of roughly $200,000 per key for upscale select-service product (HVS 2026 U.S. Hotel Development Cost Survey). You cannot build a SpringHill Suites at this basis.
• 112-key, all-suite, interior-corridor SpringHill Suites by Marriott built in 2014 on 2.81 acres; offered fee simple.
• Proven seven-figure earnings — the hotel has already delivered over $1,000,000 of net operating income with an un-renovated product.
• Pricing power at an all-time high — current year-to-date average daily rate exceeds the rate achieved in the property's peak year; the remaining opportunity is occupancy, not rate.
• Revenue and income on a clear uptrend — first-half 2026 RevPAR up more than 10% year over year, with trailing twelve-month income rising ahead of any renovation or change in ownership.
• Renovation is the value-creation engine — a light PIP of approximately $7,000 to $10,000 per key delivers a current-generation Marriott product, driving both rate premium and occupancy recapture.
• Five-year projection in the offering memorandum demonstrates substantial growth beyond the hotel's historical peak, after providing a full FF&E reserve.
• Delivered unencumbered by management — install your own operator or self-manage, subject to franchisor approval, and execute from day one.
• Marriott franchise through December 2035, with the opportunity to pursue an extended term following completion of the PIP.
• Protected from new supply — at current construction costs, new upscale select-service development in this submarket is economically infeasible.
• Prime Westchase location at the Westpark Tollway and Beltway 8 — direct access to the Energy Corridor, the Galleria, and downtown Houston, within a district of nearly 120 office buildings.
• Houston leads the nation in population growth, is forecast to reach a record 3.5 million jobs in 2026, and hosts 28 Fortune 500 headquarters.
• Major demand catalysts ahead — the $2 billion George R. Brown Convention Center expansion (first phase 2028) and the 2028 Republican National Convention.
• Full financials and offering memorandum available upon execution of a confidentiality agreement — contact the brokers for details.

Location Summary

• Westchase, Houston, is known for being a major business district with a strong corporate presence, home to several Fortune 500 companies, including Chevron, Phillips 66, Halliburton, and BMC Software. The area attracts business travelers due to its proximity to Houston’s Energy Corridor and the Galleria area. It’s also recognized for its diverse dining scene, with a mix of international cuisines, particularly Asian and Latin American influences, thanks to its multicultural community. The hotel benefits from this prime location, drawing a steady flow of visitors, particularly business travelers and long-term corporate guests.
• With its convenient access to major corporations, conference centers, and corporate offices, the hotel serves as a reliable base for professionals and those looking to explore Houston. The area’s business activity and strategic positioning ensure a consistent level of visitors throughout the year.