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2830 Wilcrest Dr, Houston, TX, 77042

Comfort Suites
$4,201,000

Key Information

Tot. SF
40,293
Units
64
Year Built
200
Type
Hospitality

Highlights

Strategic Location in Houston’s Energy Corridor

  • Situated in the Westchase business district, near major corporate headquarters including Chevron, Texaco, Phillips 66, BMC Software, and Dow Chemical, driving consistent demand from business travelers.
  • Convenient access to key attractions and infrastructure: Close to the Galleria shopping area, George R. Brown Convention Center, NRG Stadium, Toyota Center, and Minute Maid Park; proximity to Sam Houston Tollway and airports (William P. Hobby ~42 minutes, George Bush Intercontinental ~30 minutes).
  • Surrounded by retail and dining options at Westchase Shopping Center, enhancing guest appeal for extended stays; nearby amenities include fitness centers, pools, and local eateries like The Breakfast Klub and Pappasito’s Cantina.

 

Property Overview and Amenities

  • 61 suites plus 3 apartments, offering a mix of king and queen configurations with features like sofa beds, desks, free WiFi, high-definition TVs, USB charging ports, and partial room dividers, ideal for business and family guests.
  • On-site amenities include a seasonal outdoor pool, 24-hour fitness center, free hot breakfast (featuring waffles and other options), complimentary parking (including bus parking), vending machines, and meeting space, supporting high guest satisfaction and repeat business.
  • Guest feedback: Rated 3.8/5 on TripAdvisor, praising cleanliness, and staff friendliness; ranked #239 of 545 Houston hotels, with opportunities for improvement under active management.

 

Operational Upside for Owner-Operator

  • Currently under absentee ownership (first-time hotel owners), creating immediate opportunities for a hands-on operator to optimize operations, reduce overhead, and enhance revenue. Perfect for an experienced investor looking to implement best practices in staffing, marketing, and guest services.
  • Value-add potential through targeted improvements: Renovations to suites and common areas, enhanced digital marketing to boost occupancy, and partnerships with local corporations for corporate rates.
  • Additional revenue streams: The 3 apartments could serve as on-site manager residences or short-term rentals.

 

Favorable Houston Hotel Market Dynamics

  • Resilient performance amid challenges: In the first half of 2025, Houston’s hospitality sector maintained ADR growth of 4% to $124, with overall RevPAR at $77 despite a 4.5% dip in
    occupancy to 61.5%, reflecting steady demand from key sectors like energy and conventions.
  • Recent trends: July 2025 showed occupancy at 58.5% and ADR at $115, with declines largely due to tough comparisons against elevated 2024 figures influenced by events like Hurricane Beryl; year-to-date RevPAR stands at $75, indicating room for recovery.
  • Energy Corridor specifics: In the Katy Freeway West submarket (encompassing the Energy Corridor), July ADR reached $132 with occupancy at 59%, underscoring the area’s premium positioning for corporate travelers amid broader market softness.
  • Investment potential: Houston’s unique drivers (energy corridor, conventions, and population growth) position it for hospitality expansion, with focus on sustainable practices and tech integration to enhance returns in a market showing signs of stabilization.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225