Address Not Disclosed
RICHMOND , Texas
- Listing Type:
- For Sale
- Listing Price:
- $10,000,000.00
- Property Type:
- Hotel and Motel
- Property Subtype:
- Limited Service
- Year Built:
- 2019
- Listing Status:
- Active
- Building Size:
- 50213 SqFt
- Land Area:
- 2.46 Acres
Description:
This was a new build project from the ground up with all new FF&E.
Conveniently positioned for easy access to Interstate 59, Grand Parkway 99, Sugarland fine dining and shopping, Richmond fine dining and shopping malls and retail stores.
This 83 key hotel construction,was finished the first week of January 2019 and opened the second week of January 2019.
With this investment, there will be no franchise PIP requirement to meet, for the next 5-7 years. The hotel is currently professionally managed. Management will remain if purchaser requests. Management fee is 2.5% of gross revenue. Offred at $9,545,000
Presented by:

Listed by:
Keller Williams Realty Greater Northwest
Houston Greater NW
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