Sheraton Hotel North Houston

Houston, Texas

Request Information

Building

Stats

  • Property Type Hospitality - Full Service
  • Year built 1982
  • Building size (SF) 304,589
  • Size (Ac) 8

Overview

Avison Young, as agent, is pleased to offer the leasehold interest in the Sheraton Hotel North Houston (hereinafter “Property” or “Hotel”), a full-service hotel located at 15700 John F. Kennedy Boulevard in Houston, Texas. The Hotel is located near Interstates 45 and 69, with excellent visibility from World Houston Pkwy and John F Kennedy Blvd. The Property sits 16 miles from Downtown Houston and just under five miles from George Bush Intercontinental Airport. Nearby Houston area attractions include the Galleria Mall, Deerbrook Mall, George R. Brown Convention Center, Highland Village, the Houston Museum District, Houston Premium Outlets, Memorial City Mall, the Museum of Fine Arts Houston, NRG Stadium, The Woodlands Mall, 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., Houston Methodist, and Kroger.

Highlights

419 Non-smoking guestrooms

10- Story, Interior-Corridor
Can be acquired substantially below replacement cost and assume existing debt at attractive rate

Upside and refresh can be achieved through renovation

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

June_2020_STR.pdf

December_2019_STR.pdf

December_2018_STR.pdf

Offering_Memorandum.pdf

Profit_and_Loss_YE2019.pdf

Profit_and_Loss_YE2018.pdf

AY_Spreadsheet.pdf

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