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Best Western Webster Hotel, NASA in Webster, TX – Image Credit HVS
HVS Brokerage & Advisory, the exclusive advisory firm to the property’s ownership, is offering the opportunity to acquire the Best Western Webster Hotel NASA. The property is a limited-service hotel with 77 keys located in Webster, Texas. Investors with a more hands-on approach may find considerable potential in acquiring this recently renovated property below its replacement cost.
The hotel’s key count of 77 positions it as a suitable size for an experienced owner/operator. According to the STR report from December 2024, the hotel ranked fourth out of five competitive hotels in average daily rate (ADR) and RevPAR, and third in occupancy. Over the past four years, the hotel has enjoyed an average gross operating profit (GOP) of 26.0%. From a comparison of similar limited-service hotel operating statements, this property should achieve a stabilized GOP margin between 40.0% and 45.0%.
The hotel has shown strong historical revenues, averaging approximately $1,114,000 annually for the past four years. Room revenue in 2024 was $1,427,000, a 38.2% increase from 2023. According to STR data from February 2025 for the Houston Hobby Airport/NASA submarket, demand has risen by 13.2% over the past twelve months.
The hotel operates under a Best Western franchise, which offers competitive franchise fees and optimizes revenue for owners. Newly franchised owners will benefit from an automatic franchise transfer agreement, simplifying the transition and offering the advantage of pre-established lower royalty payments.
The property underwent recent renovation, including updates to the building’s exterior, roof, guestrooms, and finishes. As a result, a minor change-of-ownership property improvement plan (PIP) is anticipated.
The hotel has a prime location on Bay Area Boulevard, close to several attractions, restaurants, and entertainment venues, enhancing its appeal to business and leisure travelers. The property is less than two miles from the three main hospitals in Webster and is surrounded by key demand generators such as the NASA Johnson Space Center, Baybrook Mall, University of Houston-Clear Lake, and Kemah Boardwalk.
Key developments are fueling the area’s market expansion. The Great Wolf Lodge resort in Webster, featuring a 95,000-square-foot indoor waterpark, opened in 2024 as part of the Flyway at Clear Creek development. NASA and the Texas A&M University System have announced a partnership to utilize the 240-acre development known as Exploration Park, located within NASA’s Johnson Space Center in Houston. Under this agreement, Texas A&M will construct a facility to advance research and development for human spaceflight, contributing to the growth of the commercial space sector.
Inquire at HVS.
