HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, is pleased to present the opportunity to acquire the leasehold interest in the 92-key Homewood Suites by Hilton Houston Clear Lake NASA, a lender-owned (REO), upscale, extended-stay hotel.
The existing ground-lease agreement expires in January 2114 (approximately 89 years remaining), with an annual ground-rent payment of $426,550 (rounded).
Since 2022, the hotel has averaged top-line rooms revenue of $3,100,000 (rounded).
The hotel performs well versus the competitive set, as evidenced by the 117.3% RevPAR penetration index for the TTM period ending February 2025, driven by the consistent annual occupancy above 75.0%.
Per the previous profit-and-loss (P&L) statements, the Hotel registered an average GOP level of 36.0% from 2021 through 2024. Comparable operating statements for similar hotel assets indicate that the average GOP should be between 44.0% and 48.0%.
The change-of-ownership PIP report has been uploaded to the virtual deal room.
Key demand generators include the NASA Johnson Space Center, Baybrook Mall, University of Houston-Clear Lake, and Kemah Boardwalk.
The Property is situated less than two miles from the three main hospitals in Webster: HCA Houston Healthcare Clear Lake, UTMB Health Clear Lake Hospital, and Kindred Hospital Clear Lake. These hospitals serve the healthcare needs of Webster and the surrounding communities with a variety of specialized services.
The Great Wolf Lodge resort in Webster, featuring a 95,000-square-foot indoor waterpark, opened in 2024 as part of the Flyway at Clear Creek development. It is the first Great Wolf Lodge in the Houston area and is expected to become a significant family destination.
Property tours will be held during the following dates. Please reach out to James Rebullida to schedule a property tour.
Wed, May 28 and Thurs, May 29
Wed, June 4 and Thurs, June 5
Situated with Highly Visible Building Signage
Prominent Monument Signage
Easily Accessible Covered Entrance
Welcoming Lobby and Front Desk
Comfortable Lounge at the Entrance
Breakfast Seating and Lounge
Convenient On-Site Market
King Suite Amenities
Comfortable King Bed
Ideally Equipped with a Full Kitchen
Clean Bathroom with a Premier Vanity
Dining Buffet for Breakfast
Excellent Business Center
Equipped Fitness Center
Coin Operated Guest Laundry Facility
Outdoor Pool with Lounge Seating
Outdoor Basketball Court
Ample On-Site Surface Parking
Bird's Eye View of the Asset
Exceptional Visibility
Premium 92-Key Hotel
Parcel Outline of the Offering
