Best Western Plus Pearland/Houston Medical Center
14402 Old Chocolate Bayou Rd, Houston, TX, 77048
Expected Delivery: July 2025
$6,990,000
Price
$680,000
ProForma NOI
9.72%
Projected Cap Rate
$114,590
Price Per Key
61
Total Rooms
30,500
Building SF
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$6,990,000
Price
$680,000
ProForma NOI
9.72%
Projected Cap Rate
$114,590
Price Per Key
61
Total Rooms
30,500
Building SF
FOR SALE – BRAND-NEW BEST WESTERN PLUS PEARLAND / HOUSTON MEDICAL CENTER
Seth Equities is pleased to exclusively offer the exceptional opportunity to acquire a newly constructed, upper-midscale Best Western Plus hotel. Strategically situated at 14402 Old Chocolate Bayou Rd, Houston, TX 77048, this hotel is perfectly positioned to benefit from substantial local demand drivers.
Investment Highlights
61 Rooms: Modern mix of king and double-queen configurations
New Construction: Scheduled opening July 2025; zero immediate capital improvements required
Strong Revenue Projections: Stabilized RevPAR forecasted at $74
Cost-Efficient Operation: Energy-efficient building standards, full warranties, and accelerated depreciation benefits
Pearland / Houston Medical Center
Less than 10 miles from Texas Medical Center (120,000+ employees, 10M patient encounters annually)
Approximately 7 miles from William P. Hobby Airport (14.6M annual passengers)
Minutes from Pearland Town Center retail district and NASA Johnson Space Center
Easy access to major thoroughfares (SH-288, Beltway 8, Loop 610), Downtown Houston, Port Houston, and Energy Corridor
FOR MORE DETAILS CONTACT
Rorik Seth
Principal & Managing Broker
(281) 968-5019
rorik@sethequities.com
649869
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