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14450 Park Row Boulevard
Houston, TX 77084
Asking Price
$9.00M
Asset Type
Hotel Hospitality
Class
Class B
What's Special
RECENTLY RENOVATED HILTON ASSET IN HIGH-DEMAND CORRIDOR; MINOR PIP EXPECTED <h3><strong style="color: rgba(177, 28, 17, 1)">Ideal Opportunity for Owner/Operator to Acquire First Hilton-Affiliated Asset</strong></h3><ul><li><span style="color: rgba(85, 85, 85, 1)">This is an ideal opportunity for an owner/operator to acquire its first Hilton-branded asset.</span></li></ul><h3><strong style="color: rgba(177, 28, 17, 1)">Highly Sought-After Hilton Upscale Extended-Stay Franchise with 15-Year Agreement</strong></h3><ul><li><span style="color: rgba(85, 85, 85, 1)">The Home
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NOI
$80,000
Cap Rate
0.89%
DSCR
0.15
Underwater
Cash-on-Cash
-16.83%
Monthly Payment
$44,527.089
Annual Cash Flow
$-454,325.073
