4018 Chartres St - Hospitality FOR SALE


Houston, TX 77004- The Museum District
$1,500,000 USD
713-614-2593
4018 Chartres St, Houston, TX for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/3
null | 7.67% Cap Rate

4018 Chartres St
Houston, TX 77004
The Museum District


HIGHLIGHTS

  • Turnkey Hospitality Operation
  • Proven revenue stream
  • Unique type of business for the area

OVERVIEW

Turn-Key Hospitality Property Near the Museum District & Major Universities Located at 4018 Chartres Street in Houston’s East End / Greater Third Ward, this well-maintained, two-story hospitality property offers a rare opportunity to acquire a fully built-out, income-producing lodging asset in a highly connected Inner Loop location. The property is minutes from Houston’s Museum District, Downtown, Midtown, and EaDo, and is conveniently positioned near several of the city’s major universities, including Texas Southern University, the University of Houston, Rice University, and nearby medical and research institutions. This proximity supports consistent year-round demand from visitors, students, faculty, event attendees, and medical travelers. The approximately 3,056 SF building sits on a 5,000 SF lot and features 8 guest rooms, 5 bathrooms, a communal kitchen, shared living spaces, and a private outdoor yard. The layout supports efficient operations while providing a comfortable and flexible guest experience. There are 32 rentable beds. The sale includes the real estate and all tangible assets, allowing a new owner to continue operations or reposition the property under a new concept or brand.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$491 USD /SF

# OF ROOMS

8

PRICE/ROOM

$187,500 {currency}

CAP RATE

7.67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Houston Hostel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1927

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,760 SF

ZONING

-

APN/PARCEL ID

0192540000005

ASK ABOUT THIS PROPERTY

James PostNan & Co PropertiesMore Info
713-614-2593

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James PostNan & Co PropertiesMore Info
713-614-2593

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.