Best Western Plus Pearland/Houston Medical Center
Expected Delivery: June 2025
14402 Old Chocolate Bayou Rd, Houston, TX, 77048
$6,990,000
Price
9.72%
Projected Cap Rate
$114,590
Price Per Key
61
Total Rooms
$680,000
ProForma NOI
4.11x
Projected RRM

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 June 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
Lic: 649869