HOUSTON, TX, March 10, 2025: HVS Brokerage & Advisory announces the sale of the 118-key Hilton Garden Inn Houston Cypress Station, located at 160 Wagon Point, Houston, Texas 77090.
The property, built in 2016, was purchased by Kapstones Hotel Franchises, LLC, based in Sarasota, Florida, from Level X Group, based in Houston, Texas.
TJ Patel, Partner, Level X Group, commented, “This is the second recent hotel sale that the HVS team has handled for us. Houston is a challenging market in which to conduct deals, but HVS skillfully showcased the long-term benefits of acquiring the asset now. The team’s thorough marketing process ultimately secured a buyer from Florida that was able to close within two weeks.”
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 demand generators including the growing City Place 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 applied creative methods to close this deal, such as using seller financing and negotiating liquidated damages with the franchisor. We conducted a nationwide marketing campaign that resulted in strong buyer interest from across the country. Given that the seller was willing to finance the deal at 65% LTV with attractive terms, we received multiple offers. The ultimate buyer was a group that will be repositioning the hotel into its own hotel brand, and we look forward to seeing the newly refreshed product,” said Eric Guerrero, Senior Managing Director, Partner of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, James Rebullida, Fadi Rawashdeh, Kyle Peterek, & Daneen Godinet participated in this transaction.
Media Contact:
Lizzette Casarin
Senior Marketing Director
[email protected]
+1 (720) 244-7620
The property, built in 2016, was purchased by Kapstones Hotel Franchises, LLC, based in Sarasota, Florida, from Level X Group, based in Houston, Texas.
TJ Patel, Partner, Level X Group, commented, “This is the second recent hotel sale that the HVS team has handled for us. Houston is a challenging market in which to conduct deals, but HVS skillfully showcased the long-term benefits of acquiring the asset now. The team’s thorough marketing process ultimately secured a buyer from Florida that was able to close within two weeks.”
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 demand generators including the growing City Place 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 applied creative methods to close this deal, such as using seller financing and negotiating liquidated damages with the franchisor. We conducted a nationwide marketing campaign that resulted in strong buyer interest from across the country. Given that the seller was willing to finance the deal at 65% LTV with attractive terms, we received multiple offers. The ultimate buyer was a group that will be repositioning the hotel into its own hotel brand, and we look forward to seeing the newly refreshed product,” said Eric Guerrero, Senior Managing Director, Partner of HVS Brokerage & Advisory.
HVS Brokerage & Advisory team members Eric Guerrero, James Rebullida, Fadi Rawashdeh, Kyle Peterek, & Daneen Godinet 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