Hilton Houston Post Oak by the Galleria

Houston, Texas

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Building

Stats

  • Property Type Hospitality - Full Service
  • Year built 1982

Overview

Avison Young, as agent, is pleased to offer the leasehold interest in the Hilton Houston Post Oak by the Galleria (hereinafter “Property” or “Hotel”), a full-service hotel located at 2001 Post Oak Blvd in Houston, Texas. The Hotel is easily accessible from Interstate 610, with excellent visibility from Ambassador Way and Post Oak Blvd. The Property sits half a mile from the shops and restaurants at The Galleria (America’s fourth largest mall) and less than three miles from Memorial Park and the Houston Arboretum and Nature Center. Houston area attractions include Downtown Houston, The Houston Museum of Natural Science, Minute Maid Park, the Museum of Fine Arts, the Houston Zoo, Space Center Houston, Cockrell Butterfly Center, Toyota Center, and more. Large employers in Houston include Walmart, Memorial Hermann Health System, H-E-B, The University of Texas MD Anderson Cancer Center, McDonald’s Corp., and more.

Highlights

448 Non-smoking guestrooms

14-story, Interior Corridor, 3.40+/- Acres

Can be acquired unencumbered of Hilton Brand Management and be converted to a franchise
Upside in operational efficiencies by converting to 3rd party management

Can acquire substantially below replacement cost and assume existing debt balance of $76,895,268 with interest rate of 4.486%

Recent renovation and total capital expenditures of $11.4 million

Location Map

Team

Chris Stark

Principal - Hospitality Group
Avison Young - US - CA - NorCal
+1 503 621 8530

Chris Stark

Principal - Hospitality Group
Avison Young - US - CA - NorCal
+1 503 621 8530

Chris Stark

Principal - Hospitality Group
Avison Young - US - CA - NorCal
+1 503 621 8530

Chris Stark

Principal - Hospitality Group
Avison Young - US - CA - NorCal
+1 503 621 8530

Downloads

AY Spreadsheet

Profit and Loss December 2018

Profit and Loss December 2019

Management Agreement Assumption

Loan Agreement Assumption

2018 PIP

December 2018 STR

December 2019 STR

Offering Memorandum

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