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31739196
31739198

9232 North Highway 146, Mont Belvieu, TX 77523

RS
TX 9015432
Seth Equities
Listed by Seth Equities
$3,400,000
55 days on market
Updated 21 days ago

Value Inn & RV Park Mont Belvieu

Details
Property Type Multifamily, Hospitality (+1)
Sub Type RV Park, Motel
Units 61
Cap Rate 9.80%
NOI $336,241
Class B
Acreage 1.890
Investment Type Value Add

Value Inn & RV Park (East Houston) - 29 Rooms + 32 RV Stalls

Marketing description

Seth Equities is pleased to present the Value Inn & RV Park Baytown, a stabilized, cash-flowing hospitality asset featuring a 29-room motel, 32 RV stalls, and a 3-bedroom manager's quarters in the Houston East/Baytown submarket.

The property offers diversified revenue streams with significant upside through continued NOI growth and operational optimization.

Situated on approximately 1.89 acres along Highway 146 with immediate access to I-10, the property benefits from strong visibility, accessibility, and proximity to major industrial employers that drive consistent demand for both nightly and extended-stay accommodations.

The asset demonstrates strong in-place cash flow with a compelling recast NOI profile. Based on normalized financials, the property achieved approximately $336,000 NOI in 2025, representing a notable increase from approximately $284,000 NOI in 2024. This upward trend is driven by both revenue growth and improved operating efficiency, with the RV park contributing an increasing share of total income.

The property includes 32 RV stalls, offering a highly attractive opportunity to further stabilize and grow income. Currently, the RV component provides strong cash flow, but remains partially transient in nature. A new owner can implement a value-add strategy by converting RV occupancy to longer-term monthly or annual leases, creating more predictable income and reducing operating volatility. Transitioning the RV park to a stabilized tenancy model can materially increase NOI while improving the asset's overall valuation and appeal to lenders and institutional buyers.

Additional upside exists through modest rate increases on both motel rooms and RV sites, as well as continued expense optimization. The inclusion of a 3-bedroom manager's quarters further supports operational efficiency and on-site management.

Located in the expanding Baytown/Mont Belvieu corridor, the property benefits from strong population and employment growth tied to nearby petrochemical, industrial, and logistics hubs. These demand drivers support long-term occupancy across both lodging and RV segments.

The Value Inn & RV Park Baytown is strategically located along North Highway 146 in the Houston East / Baytown submarket, one of the most active industrial and energy-driven corridors in the Greater Houston MSA. The property benefits from immediate proximity to Interstate 10, providing direct connectivity to Downtown Houston, the Port of Houston, and the broader Gulf Coast region.

Highway 146 serves as a major north-south artery connecting Baytown and Mont Belvieu, with strong traffic counts and excellent visibility. The asset’s location in a high-traffic corridor supports consistent demand from both transient travelers and workforce-related stays.

Seth Equities Website link

DEAL PAGE link below

https://sethequities.com/listings/value-inn

DEAL ROOM link below

https://dealroom.creop.com/SignIn/MThzakZYT1hQZjRTSFkwejUvZ09UajRWVUVUUEg5SmZBdHJ5aHNNTkxPUT0=

Investment highlights

  • Strong in-place NOI: ~$336K (2025)
  • Demonstrated NOI growth: +18% year-over-year
  • 29-room motel + 32 RV stalls + manager's quarters
  • Value-add opportunity through RV lease stabilization
  • High-visibility location near I-10 & Highway 146
  • Continued upside through rate and operational improvements
  • Exposure to a high-growth Houston industrial corridor 
  • Value Inn & RV Park Baytown presents a compelling opportunity to acquire a stable, income-producing asset with clear pathways to increasing NOI, particularly through the strategic stabilization of the RV component into long-term leased tenancy.

Listing Contacts

RS
TX 9015432
Seth Equities
Listed by Seth Equities

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$336,241.00
$28,020.08/mo

Valuation Metrics

0
DSCR
9.89%
Cap Rate
9.89%
ROI

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