4018 Chartres St - Hospitality FOR SALE


Houston, TX 77004- The Museum District
$1,450,000 USD
713-614-2593
4018 Chartres St, Houston, TX for Sale
$1,450,000 USD
Hospitality - FOR SALE
1/20
null | 7.93% Cap Rate

4018 Chartres St
Houston, TX 77004
The Museum District


HIGHLIGHTS

  • Turn-Key, Income-Producing Hospitality Asset in Houston’s Inner Loop
  • Prime Location Near Museum District, Downtown, Medical Center & Major Universities
  • Flexible Use: Short-Term Rental, Boutique Hotel, Student or Group Housing

OVERVIEW

Turn-Key Hospitality / Short-Term Rental Asset | Inner Loop Houston | Near Museum District, Universities & Medical Center Positioned at 4018 Chartres Street in Houston’s East End / Greater Third Ward, this fully operational, income-producing hospitality asset offers a rare opportunity to acquire a stabilized lodging property in one of Houston’s most connected and high-demand corridors. Strategically located just minutes from Downtown Houston, the Museum District, Midtown, and EaDo, the property benefits from immediate access to the George R. Brown Convention Center, major event venues, and Houston’s core business districts—making it highly attractive to convention attendees, corporate travelers, and short-term visitors. The asset is also ideally situated near Houston’s major universities, including Texas Southern University, the University of Houston, and Rice University, as well as the Texas Medical Center—the largest medical complex in the world. This drives consistent, year-round demand from students, visiting faculty, medical professionals, patients, and families seeking short- to mid-term accommodations. The approximately 3,056 SF two-story building sits on a 5,000 SF lot and is configured for efficient hospitality operations, featuring 8 guest rooms, 5 bathrooms, a communal kitchen, shared living areas, and a private outdoor yard. With capacity for up to 32 rentable beds, the property is well-suited for group lodging, extended stays, and high-occupancy models. Offered as a true turn-key investment, the sale includes the real estate and all tangible operating assets, allowing for immediate continuity of operations. Investors also have the flexibility to reposition, rebrand, or optimize revenue through short-term rental platforms, boutique hospitality concepts, or specialized housing for medical and academic visitors.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$474 USD /SF

# OF ROOMS

8

PRICE/ROOM

$181,250 {currency}

CAP RATE

7.93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income-Producing STR / Hospitality Property

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.