HOUSTON, TX, September 9, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Days Inn & Suites by Wyndham Houston NW Cypress, a 62-room hospitality property located in Houston, Texas, according to Mark McCoy, regional manager of the firm’s Dallas and Fort Worth offices.
Hussain Shaik, senior associate in Marcus & Millichap’s Dallas office, had the exclusive listing to represent the seller, a private investor. Working as a team, Skyler Cooper, senior vice president in Marcus & Millichap’s Dallas and Houston offices, successfully secured the buyer, also an out-of-state private investor. Chris Gomes, executive managing director, and Rajan Patel, associate, from Marcus & Millichap’s Dallas and Houston offices, along with Allan Miller, senior managing director from the Austin and San Antonio offices, were listed as supporting brokers on the transaction.
The Days Inn & Suites by Wyndham Houston NW Cypress is located at 10650 Huffmeister Road in Houston, Texas. The Property is situated less than half a mile from US-290. Various common area amenities at the Property include an outdoor pool, business center, fitness center, on-site guest laundry and ample parking for cars, trucks and buses, onsite retail options, laundry services, banquet space for 15 guests, and a barbecue patio.
The Miller-Gomes Hotel Team of Marcus & Millichap has sold over 600 hotels across the nation since its inception. The team has 81 active listings across 20 states, 22 hotels under contract, and closed 83 transactions in 2023.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2023, the company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion. For additional information, please visit www.MarcusMillichap.com.
