- Upper Midscale Hotel: A 71-room, three-story Sonesta Essential Hotel, operating under Sonesta International Hotels Corporation.
- Fully Renovated Asset: Comprehensive renovation completed in May 2025, significantly reducing near-term capital exposure.
- Strong Medical and Corporate Demand: Located near HCA Houston Healthcare Northwest, Tops Surgical Specialty Hospital, Weatherford International, and Wellbore Integrity Solutions.
- Convenient Airport Access: Approximately 8.7 miles from George Bush Intercontinental Airport, supporting airline, corporate, and transient travel demand.
- On-Site Owner’s Quarters: Two-room owner’s apartment including a king room and king kitchen room, providing operational efficiency and flexibility.
- Diverse Leisure and Education Drivers: Close to Lone Star College–North Harris, Hurricane Harbor Splashtown, Mercer Botanic Gardens, and major retail and entertainment venues.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Sonesta Essential Houston–I-45 Spring (‘Hotel’ or ‘Property’) located at 415 FM 1960 Road East in Houston, Texas. The Sonesta International Hotels-Branded, upper midscale Hotel is offered at $4,600,000 or $64,789 per key.
This limited-service Hotel features 71 guest rooms across three stories and is situated on approximately 1.56 acres with 81 parking spaces. Originally constructed in 2007, the Hotel has completed a comprehensive renovation in May 2025, positioning the asset in turnkey condition with minimal near-term capital requirements. The Hotel offers a well-rounded assortment of common area amenities, including a business center, fitness center, outdoor pool, and 696 square feet of meeting and event space. Additionally, the Property includes on-site owner accommodations, consisting of a two-room owner’s apartment with one standard king room and one king kitchen room, supporting efficient on-site management or owner-operator use.
Strategically located in the North Park Forest neighborhood of North Houston, the Property provides convenient access to a wide variety of major demand generators. Medical facilities about two miles from the Hotel include HCA Houston Healthcare Northwest and Tops Surgical Specialty Hospital, generating steady lodging demand from patients’ families, traveling clinicians, and medical consultants. Corporate and industrial demand is supported by proximity to employers like Weatherford International (12.6 miles) and Wellbore Integrity Solutions (6.1 miles), both of which generate recurring business travel. Educational demand is anchored by Lone Star College–North Harris less than five miles away, while additional visitation is driven by George Bush Intercontinental Airport (IAH), located approximately 8.7 miles from the Property. Leisure and entertainment attractions further enhance the Hotel’s demand profile, including Hurricane Harbor Splashtown (3.6 miles), Willowbrook Mall (15.3 miles), the Cynthia Woods Mitchell Pavilion (10.8 miles), Mercer Botanic Gardens (3.9 miles), and the National Museum of Funeral History (2.4 miles), which collectively draw families, tourists, and weekend travelers throughout the year.
Houston is the fifth-most populous metropolitan area in the United States, with a population exceeding 7.6 million residents. Though the Houston metro spans nine counties, roughly one-third of the metro’s population resides within the City of Houston, while surrounding cities such as Pasadena, Pearland, The Woodlands, Sugar Land, and League City each support populations of more than 100,000 residents. The city also benefits from direct access to global markets via the Gulf of Mexico and the Port of Houston, one of the nation’s busiest export hubs. Historically anchored by energy production, Houston’s economy has diversified significantly, with strong growth in healthcare, biotechnology, nanotechnology, logistics, and advanced manufacturing. The Texas Medical Center, the largest medical complex in the world, receives more than 150,000 patient visits daily and serves as a major employer and research center.
Houston is also a leading destination for corporate relocations, supported by a business-friendly environment, no state income tax, and a cost of living below many peer metros. Approximately 24 Fortune 500 companies are headquartered in the region, underscoring Houston’s role as a national and international business center. Houston also offers a high quality of life, featuring more than 500 parks and open spaces, proximity to state parks and coastal recreation, a vibrant arts and museum district, and four major professional sports franchises. Cultural assets further enhance the region’s appeal, including Space Center Houston and world-class universities like the University of Houston and Rice University.
