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27318294

11999 East Fwy, Houston, TX 77029

SA
AZ BR663663000
Matthews
EZ
SA710534000
Matthews
JS
AZ AZ SA714780000
Matthews
Listed by Matthews
$4,750,000
245 days on market
Updated 65 days ago

Red Roof Inn

Details
Property Type Hospitality
Sub Type Motel
Keys 108
Cap Rate 12.58%
NOI $600,000

Hospitality | 12.58% CAP | 108 Keys

Marketing description

Patrick Graham

Broker of Record

License No. 528005, 9005919 (TX)

Matthews Real Estate Investment Services, Inc

Investment highlights

  • Red Roof Inn (Economy): Value-oriented flag with resilient demand capture across industrial, logistics, and drive-to segments.

  • Efficient Operations: Exterior-corridor access and surface parking support quick turns, weekly stays, and negotiated crew business.

  • Direct I-10 East Frontage with immediate access to I-610 and Beltway 8, placing the asset in the heart of East Houston’s port, petrochemical, and logistics corridor.

  • Short drives to Ship Channel terminals, major warehouse/distribution nodes, and industrial contractors, expanding the weekday base.

  • Energy & Chemicals: Baytown complex reconfiguration targeting 2028 startup supports multi-year construction and turnaround activity in the corridor.

  • Clean-Energy Logistics: Hydrogen heavy-truck fueling project at the port funded in 2025, reinforcing the east side’s role in next-gen transport infrastructure.

  • Port Throughput Momentum: Port Houston set a new annual container record in 2024, followed by double-digit container growth in mid-2025, signaling sustained logistics and vendor travel into the east side.

  • Houston Ship Channel Expansion (Project 11): Ongoing widening/deepening program with completion scheduled for 2029, enhancing efficiency and long-term cargo growth—tailwinds for contractor and maritime-related room nights.

  • Terminal Capacity Upgrades: Bayport/Barbours Cut wharf and gate expansions underway/advancing in 2025, supporting larger vessels and faster gate flows.

  • Beltway 8 Ship Channel Bridge Program: Replacement twin-span project targeting first-span completion in late 2025, with subsequent phases through the decade—multi-year presence of skilled trades and inspection teams.

  • I-10 East Improvements: TxDOT advancing I-10 San Jacinto River bridge reconstruction and broader corridor planning (PEL) that improve mobility and network resilience for freight and crews.

  • Workforce-Ready Format: Surface lot, truck-friendly circulation, and highway visibility are ideal for crews, vendors, and weekly guests.

  • Site Scale: ±2.27 acres provides comfortable parking ratios and operational flexibility for long-vehicle staging and future site enhancements.

  • Straightforward Demand Story: Port growth + ongoing infrastructure + industrial reinvestment create a durable base of weekday, project-driven demand withspillover on weekends from regional drive-to travel.

  • Elias Zakas, Jake Senatore and Simon Assaf (In conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)

Listing Contacts

SA
AZ BR663663000
Matthews
EZ
SA710534000
Matthews
JS
AZ AZ SA714780000
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$600,000.00
$50,000.00/mo

Valuation Metrics

0
DSCR
12.63%
Cap Rate
12.63%
ROI

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Additional Information

Name
Patrick Graham
License
528005, 9005919 (TX)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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