For Sale
$9,500,000

22010 Southwest Fwy Richmond, TX 77469

80-Room Marriott Hotel, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: This 80-key Fairfield Inn & Suites Houston Richmond, a three-story, 40,645 square foot Marriott-branded hotel, is situated on a 2.49-acre lot in Richmond, Texas. Built in 2020, the property boasts a strong location, just 5.6 miles from the Smart Financial Centre and 8.6 miles from Constellation Field. The surrounding area features robust demographics, with a population of 9,131 within a 1-mile radius and a median household income of $110,652. Amenities include an outdoor pool, fitness center, free Wi-Fi, and free private parking. Guest accommodations are enhanced by family rooms and a business center, while vending machines provide added convenience. The hotel's proximity to William P. Hobby Airport (34 miles) makes it attractive to both leisure and business travelers. Offered at $9,500,000 ($233.73/sq ft), this represents a compelling opportunity for significant returns. The property's strong brand recognition, desirable location, and comprehensive amenities position it for continued success in the thriving Richmond market.

Highlights

  • 80-key Fairfield Inn & Suites Houston Richmond, a Marriott-branded hotel.
  • Three-story, 40,645 square foot building on a 2.49-acre lot in Richmond, TX.
  • Built in 2020, located 5.6 miles from Smart Financial Centre and 8.6 miles from Constellation Field.
  • Strong demographics: 9,131 population within 1 mile, $110,652 median household income.
  • Amenities include outdoor pool, fitness center, free Wi-Fi, and free parking; plus family rooms and business center.
  • Offered at $9,500,000 ($233.73/sq ft).

Property Details for 22010 Southwest Fwy

Property type
Hospitality properties, Hotels
Square Feet
40,645 SF
Year Built
2020
Stories
3
Lot Size (sq. ft)
108,464 SF

Location Insight

City
Richmond
County
Fort Bend
State
Texas
Latitude
29.5580984
Longitude
-95.7141113

FAQs

What type of property is this?
Hospitality property - 80-Room Marriott Hotel, High ROI
Where is the hospitality property located?
The property is located at 22010 Southwest Fwy Richmond, TX.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 80-key Fairfield Inn & Suites Houston Richmond, a Marriott-branded hotel.; Three-story, 40,645 square foot building on a 2.49-acre lot in Richmond, TX.; Built in 2020, located 5.6 miles from Smart Financial Centre and 8.6 miles from Constellation Field.
How can I contact the broker?
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22010 Southwest Fwy
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