Texas Hotel ManagementProperty Inspection · June 18, 2026
Property Condition & Capital Reinvestment Summary
SpringHill Suites Houston Medical Center / NRG Park | 1400 Old Spanish Trail, Houston, TX 77054 | 190 Keys | SpringHill Suites by Marriott | Owner-operated since December 2024
$1.90M
Renovation underway, self-funded
5 of 7
Guest floors fully renovated
All TVs
Replaced with 55-inch panels
+33%
NOI growth, Year 1 under THM
Capital Reinvestment Since Acquisition (December 2024)
Completed and in progress
- Guestroom renovation, floors 3 to 7: new paint, carpet, and popcorn ceiling removal. 5 of 7 floors complete; floors 1 and 2 scheduled.
- All guestroom televisions replaced with 55-inch flat panels.
- In-room HVAC: several dozen units replaced since acquisition.
- Life-safety systems: fire-system repairs completed, sprinkler deficiencies remediated, inspection compliance maintained.
- Deferred maintenance: prior owner's backlog substantially addressed.
- $1.9M Marriott-approved renovation program underway, fully self-funded.
On order and scheduled
- Central HVAC component: permanent replacement arriving end of June, installed within days.
- Additional in-room HVAC (PTAC) units: arriving end of June.
- Water softener system: installation in July.
- Lobby and public-area furniture: August.
- Full-property mattress replacement (all 190 suites): December.
- Guestroom furniture package: November.
Note on Temporary Cooling Units On Site
Temporary cooling units are currently in place in parts of the building while a central HVAC component is replaced. The permanent replacement is on order, expected by the end of June, and will be installed within one to two days of receipt. Guest rooms remain conditioned and no rooms are out of service. These temporary units are the final step of an ongoing, funded mechanical upgrade, not deferred maintenance.
Construction and Capital Timing
Demand is highly seasonal. February through June are the peak season (Houston Rodeo, the Texas Medical Center, and NRG Park events), while November through January are the low-occupancy window. Capital and construction projects are deliberately scheduled into that slow period to avoid displacing revenue, which is why several items above are timed for late summer through winter.
Operating Performance (Trailing 12 Months through March 2026)