HOUSTON, TX, January 16, 2025: HVS Brokerage & Advisory announces the sale of the 73-key Hampton Inn & Suites by Hilton Houston – Cypress Station, located at 150 Wagon Point, Houston, Texas 77090.
The hotel asset, built in 2000, was purchased by RS 150 Hospitality LLC, based in Houston, Texas, from Door Capital Partners, based in Austin, Texas.
The property benefits from its strategic location along the Interstate 45 (I-45) frontage/service road, just north of Farm-to-Market (FM) 1960 Road, near multiple corporate demand generators including the growing City Place (formerly known as Springwoods Village) mixed-use development, Exxon, HP, Baker Hughes, Halliburton, HCA Houston Healthcare Northwest, CEVA Logistics, Richey Business Park, Oil Center Business Park, Schlumberger, ALL STOP! Survival & Safety Training, Vallourec Tube-Alloy Houston, Gulf State Toyota, and MiTek. Leisure attractions in the area include The Woodlands Mall, Champions Golf Club, The Woodlands Market Street, Hurricane Harbor Splashtown, Sam Houston Raceway, Mercer Arboretum & Botanic Gardens, and Ashton Gardens North Houston (wedding venue). Additionally, the property is located just ten miles northwest of George Bush Intercontinental Airport (IAH).
“We are pleased to announce another successful sale through the Ten-X auction platform. With over ten registered bidders, we fostered a competitive auction environment that resulted in securing an all-cash, local buyer and a closing in just 31 days. Houston continues to be a highly sought-after market for hotel investors, thanks to the value-add opportunities in most deals and the attractive pricing compared to other major Texas cities,” said James Rebullida, Vice President of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, James Rebullida, Fadi Rawashdeh, & Kyle Peterek participated in this transaction.
Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620
The hotel asset, built in 2000, was purchased by RS 150 Hospitality LLC, based in Houston, Texas, from Door Capital Partners, based in Austin, Texas.
The property benefits from its strategic location along the Interstate 45 (I-45) frontage/service road, just north of Farm-to-Market (FM) 1960 Road, near multiple corporate demand generators including the growing City Place (formerly known as Springwoods Village) mixed-use development, Exxon, HP, Baker Hughes, Halliburton, HCA Houston Healthcare Northwest, CEVA Logistics, Richey Business Park, Oil Center Business Park, Schlumberger, ALL STOP! Survival & Safety Training, Vallourec Tube-Alloy Houston, Gulf State Toyota, and MiTek. Leisure attractions in the area include The Woodlands Mall, Champions Golf Club, The Woodlands Market Street, Hurricane Harbor Splashtown, Sam Houston Raceway, Mercer Arboretum & Botanic Gardens, and Ashton Gardens North Houston (wedding venue). Additionally, the property is located just ten miles northwest of George Bush Intercontinental Airport (IAH).
“We are pleased to announce another successful sale through the Ten-X auction platform. With over ten registered bidders, we fostered a competitive auction environment that resulted in securing an all-cash, local buyer and a closing in just 31 days. Houston continues to be a highly sought-after market for hotel investors, thanks to the value-add opportunities in most deals and the attractive pricing compared to other major Texas cities,” said James Rebullida, Vice President of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, James Rebullida, Fadi Rawashdeh, & Kyle Peterek participated in this transaction.
About HVS Brokerage & Advisory
The Brokerage & Advisory division is a specialized group within HVS that offers services related to investment sales and capital markets, focused exclusively on the hospitality industry. With a global footprint and over 35 offices nationwide, HVS’s hospitality intelligence and extensive expertise will help you achieve the results you want.Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620