HomeTowne Studios - Extended Stay Hotel Texas
HomeTowne Studios by Red Roof | 60 Rooms | Orange, TX
Marketing description
Apex Lodging Advisors is pleased to present the exclusive opportunity to acquire HomeTowne Studios Orange, a 60-room extended-stay hotel located in Orange, Texas. Positioned near Interstate 10, the property benefits from excellent visibility and accessibility while serving a diverse mix of workforce, project-based, and long-term lodging demand.
Orange is strategically located within the Golden Triangle region of Southeast Texas, an area anchored by significant petrochemical, refining, manufacturing, and logistics operations. The property draws guests from a broad range of industries, including energy, construction, industrial maintenance, and transportation, creating a consistent source of lodging demand throughout the year.
Operating under the recognized HomeTowne Studios by Red Roof brand, the hotel offers fully furnished accommodations designed to meet the needs of extended-stay travelers. The property's affordable lodging model and extended-stay focus position it well to capture guests seeking cost-effective accommodations for longer durations.
The offering presents investors with the opportunity to acquire a branded extended-stay asset at a price significantly below replacement cost. New ownership may further enhance performance through strategic revenue management initiatives, operational improvements, and continued focus on serving the area's growing workforce demand base.
HomeTowne Studios Orange represents an attractive opportunity to acquire a nationally branded extended-stay hotel in a market supported by durable industrial demand drivers and ongoing economic investment throughout Southeast Texas and Southwest Louisiana.
Investment highlights
- 60-Room Extended-Stay Property operating under the HomeTowne Studios by Red Roof brand.
- Strategically Located near Interstate 10 with convenient access to major employers and industrial demand generators throughout Orange County and the Golden Triangle region.
- Extended-Stay Business Model provides longer average lengths of stay and reduced operational turnover compared to traditional transient lodging.
- National Brand Recognition through HomeTowne Studios and Red Roof, offering broad customer reach and reservation support.
- Strong Workforce Demand Drivers from petrochemical, refinery, manufacturing, construction, and energy-related industries throughout Southeast Texas and Southwest Louisiana.
- Proximity to Major Employers including facilities operated by companies such as Chevron Phillips Chemical, Dow, and numerous industrial contractors serving the region.
- Value-Add Opportunity through operational efficiencies, revenue management enhancements, and targeted property improvements.
- Limited New Hotel Supply within the immediate extended-stay segment, supporting occupancy stability.
- Affordable Acquisition Basis compared to replacement cost, providing an attractive entry point into the hospitality market.
- Beneficiary of Regional Economic Growth driven by continued investment in energy, petrochemical, industrial, and logistics sectors.
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