Ashford to sell Hilton Houston NASA Clear Lake for $27M
Hotel Business
MAY 23, 2025
When adjusted for the company’s anticipated CapEx, the sale price represents a 3.2% capitalization rate on net operating income or 23.6x Excluding the anticipated capital spend, the sale price represents a 5% capitalization rate on net operating income or 15.2x of meeting and event space.
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