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Investment Highlights

  • Red Roof Inn (Economy): Value-oriented flag with resilient demand capture across industrial, logistics, and drive-to segments.
  • Short drives to Ship Channel terminals, major warehouse/distribution nodes, and industrial contractors, expanding the weekday base.
  • Site Scale: ±2.27 acres provides comfortable parking ratios and operational flexibility for long-vehicle staging and future site enhancements.
  • Efficient Operations: Exterior-corridor access and surface parking support quick turns, weekly stays, and negotiated crew business.
  • Workforce-Ready Format: Surface lot, truck-friendly circulation, and highway visibility are ideal for crews, vendors, and weekly guests.

Executive Summary

Patrick Graham
License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225

Property Facts

Price $6,506,122 CAD
Price Per Room $60,242 CAD
Sale Type Investment
Cap Rate 12.58%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.27 AC
Building Size 46,980 SF
No. Rooms 108
No. Stories 2
Year Built/Renovated 1980/2007
Parking Ratio 2.77/1,000 SF
Corridor Interior
Zoning None

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 8 $119.16 CAD -
Guest Room 100 $68.49 CAD -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100

Property Taxes

Property Taxes

Parcel Number
1002440000022
Land Assessment
$1,085,512 CAD
Improvements Assessment
$4,164,673 CAD
Total Assessment
$5,250,185 CAD
  • Listing ID: 37922541

  • Date on Market: 2025-10-02

  • Last Updated:

  • Address: 11999 East Fwy, Houston, TX 77029

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