702 Highway 146 S - Hospitality FOR SALE


La Porte, TX 77571
$3,800,000 USD
713-459-2222
702 Highway 146 S, La Porte, TX for Sale
$3,800,000 USD
Hospitality - FOR SALE
1/41
null | Request Cap Rate

702 Highway 146 S
La Porte, TX 77571


HIGHLIGHTS

  • Heavy Daytime Traffic - 85,733 VPD (TxDOT, 2024)
  • Excellent Visibility on State Highway 146
  • Convenient Access to State Highway 146, Highway 225, Beltway 8, and Grand Parkway 99
  • Nearby Attractions: Port of Houston, Kemah Boardwalk, Sylvan Beach, and Galveston Bay
  • Recently Renovated in 2025
  • Flood Zone X

OVERVIEW

Exceptional hospitality investment opportunity along State Highway 146, one of La Porte’s busiest highways with over 85,733 vehicles per day (TxDOT, 2024). This fully developed hotel provides 47 rooms and ample parking space for guests. The 38,289 SF lot in front of the property is available for purchase for further developments, renovations, or additional parking. It also has strong visibility and consistent demand driven by nearby industrial, commercial, and leisure activity. Located between Spencer Highway and Fairmont Parkway, the property benefits from outstanding exposure to both local and regional traffic. Its close proximity to the Port of Houston ensures steady corporate and contractor occupancy, while nearby attractions such as Kemah Boardwalk (10 min), Sylvan Beach (5 min), and Galveston Bay support weekend and leisure stays. Guests enjoy convenient access to State Highway 146, Highway 225, Beltway 8, and Grand Parkway 99, providing seamless connectivity across Greater Houston. This property presents a turnkey opportunity for investors seeking a stabilized, high-traffic property with excellent long-term upside.

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$130 USD /SF

# OF ROOMS

43

PRICE/ROOM

$88,372 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn La Porte

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

51

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,827 SF

ZONING

F1

APN/PARCEL ID

1319390010002

ASK ABOUT THIS PROPERTY

Ernesto RamirezIndependence Real Estate, Inc.More Info
713-459-2222

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Ernesto RamirezIndependence Real Estate, Inc.More Info
713-459-2222

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