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Unity Lodging LLC Sells 112-Room Courtyard By Marriott Houston NW/290 With Marcus & Millichap
SOLD
Texas
See Similar DealsHotel
Sold 12/17/2024
SOLD
Unity Lodging LLC Sells 112-Room Courtyard By Marriott Houston NW/290 With Marcus & Millichap
6708 Gessner Road
See Similar DealsHotel
Sold 12/17/2024
Summary
TEXAS
Asset Type:Hotel
Transaction Type:Sale
The sale involved the 112-room Courtyard by Marriott Houston NW/290, located at 6708 Gessner Road, Houston. The hotel features amenities such as a pool, fitness center, and 1,920 square feet of event space. The asset was developed in 2014.
Summary of transation details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Address: 6708 Gessner Road - Marriott Houston NW/290
- Market: Houston
- Seller: Unity Lodging LLC
- Brokers: Allan Miller, Christopher Gomes & Skyler Cooper - Marcus & Millichap
- Mortgage Brokers: Jake Marshall & Pete Fehlman - Marcus & Millichap
Skyler Cooper, Allan Miller, and Christopher Gomes represented Unity Lodging LLC in the transaction, successfully securing the buyer for the hotel. Additionally, Jake Marshall and Pete Fehlman were responsible for arranging acquisition financing for the deal.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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