6712 Morningside Dr - Hospitality FOR SALE


Houston, TX 77030- University Place
$3,200,000 USD
832-244-6830
6712 Morningside Dr, Houston, TX for Sale
$3,200,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

6712 Morningside Dr
Houston, TX 77030
University Place


HIGHLIGHTS

  • Prime Location-Near Med Center
  • Great Investment Opportunity
  • Turnkey
  • Value Add

OVERVIEW

Exceptional investment opportunity in the heart of Houston’s Medical Center District! Presenting the Roadway Inn, a well-maintained, income-producing hospitality asset located at 6712 Morningside Dr, just minutes from world-renowned hospitals, universities, and key attractions. This two-story hotel features 34 guest rooms, ample parking, and easy access to major thoroughfares such as Fannin Street, Holcombe Blvd, and Highway 288. Its prime location ensures consistent demand from medical professionals, patients, university visitors, and tourists alike. Key Highlights: High-visibility corner lot in a premium urban location Proximity to the Texas Medical Center, Rice University, NRG Stadium, and Museum District Turnkey operational hotel with established clientele Potential value-add opportunity through renovations or brand repositioning Zoned for commercial use with significant foot and vehicular traffic Whether you're an investor seeking a steady income stream or a hospitality operator looking to expand your portfolio, this property delivers both performance and potential.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$185 USD /SF

# OF ROOMS

30

PRICE/ROOM

$106,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rodeway Inn & Suites Houston Near Med Ctr

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

None

APN/PARCEL ID

0410170090100

ASK ABOUT THIS PROPERTY

Mickey PatelMPR GroupMore Info
832-244-6830

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Mickey PatelMPR GroupMore Info
832-244-6830

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