$95,000,000This is a beautiful high profile trophy hotel property in Houston for your hotel investors. It also includes commercial vacant land - 12.44 acres and 3.2849 acres, which is located in a prime site next to the Houston Texans Stadium that houses the Houston Livestock Show & Rodeo.
Crowne Plaza Hotel
8686 Kirby Drive
Houston, TX 77054
652 Guest rooms
Land Size: 15.727 acres of land
8-story hotel comprised of 7 buildings
68,000 sf of meeting space
18,000 sf Grand Ballroom
Constructed in 1969
Renovated in 2008-2009, and
$35M renovation completed in 2015
Cap Rate: 7%
Location: The property is located in the Reliant Park area and directly across
from Reliant Center, home to the Houston Texans and the
Houston Livestock Show and Rodeo.
The Texas Medical Center is located just north of the Hotel.
Asking Price $95M
plus 3% commission.
If interested email at [email protected]
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