Marcus & Millichap Sells Vacant 243-Room Hotel At 9090 Southwest Freeway In Houston
9090 Southwest Freeway
Building Size
—
Asset Type
Hotel
Closing
Mar 11, 2025
About this deal
AI
A vacant hotel asset located at 9090 Southwest Freeway in Houston was sold. This hotel features a total of 243 rooms and has been closed since 2019.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not disclosed
- Address: 9090 Southwest Freeway
- Market: Houston
- Asset Keys: 243
The transaction was facilitated by Chris Gomes and Tulsee Nathu, representatives of the seller, a limited liability company, through Marcus & Millichap. Specific terms of the sale were not revealed.
Traded’s record for 9090 Southwest Freeway in Houston, Texas covers a hotel sale from 2025. 9090 Southwest Freeway is classified as Hotel on Traded. Tulsee Nathu, Christopher (Chris) Gomes, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Houston, Texas file for the 9090 Southwest Freeway hotel sold: pricing, party profiles, and other closed hotel comps from the same Houston sit in the Market section below. Filter that Houston hotel set by closing date to see what else sold near 9090 Southwest Freeway around 2025. Cite this Marcus & Millichap Sells Vacant 243-Room Hotel At 9090 Southwest Freeway In Houston sale when underwriting similar hotel product around Houston, Texas.
Players
Houston Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93