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Income-Producing Hospitality Investment 4018 Chartres St 8 Room Hostel Houston, TX 77004 $1,982,063 CAD ($247,758 CAD/Room) 7.93% Cap Rate
Investment Highlights
- Turn-Key, Income-Producing Hospitality Asset in Houston’s Inner Loop
- Flexible Use: Short-Term Rental, Boutique Hotel, Student or Group Housing
- Prime Location Near Museum District, Downtown, Medical Center & Major Universities
Executive Summary
Turn-Key Hospitality Property Near the Museum District & Major Universities
Located at 4018 Chartres Street in Houston’s East End / Greater Third Ward, this well-maintained, two-story hospitality property offers a rare opportunity to acquire a fully built-out, income-producing lodging asset in a highly connected Inner Loop location.
The property is minutes from Houston’s Museum District, Downtown, Midtown, and EaDo, and is conveniently positioned near several of the city’s major universities, including Texas Southern University, the University of Houston, Rice University, and nearby medical and research institutions. This proximity supports consistent year-round demand from visitors, students, faculty, event attendees, and medical travelers.
The approximately 3,056 SF building sits on a 5,000 SF lot and features 8 guest rooms, 5 bathrooms, a communal kitchen, shared living spaces, and a private outdoor yard. The layout supports efficient operations while providing a comfortable and flexible guest experience. There are 32 rentable beds.
The sale includes the real estate and all tangible assets, allowing a new owner to continue operations or reposition the property under a new concept or brand.
Located at 4018 Chartres Street in Houston’s East End / Greater Third Ward, this well-maintained, two-story hospitality property offers a rare opportunity to acquire a fully built-out, income-producing lodging asset in a highly connected Inner Loop location.
The property is minutes from Houston’s Museum District, Downtown, Midtown, and EaDo, and is conveniently positioned near several of the city’s major universities, including Texas Southern University, the University of Houston, Rice University, and nearby medical and research institutions. This proximity supports consistent year-round demand from visitors, students, faculty, event attendees, and medical travelers.
The approximately 3,056 SF building sits on a 5,000 SF lot and features 8 guest rooms, 5 bathrooms, a communal kitchen, shared living spaces, and a private outdoor yard. The layout supports efficient operations while providing a comfortable and flexible guest experience. There are 32 rentable beds.
The sale includes the real estate and all tangible assets, allowing a new owner to continue operations or reposition the property under a new concept or brand.
Property Facts
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 8 | $68.35 CAD | - |
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0192540000005 | Improvements Assessment | $411,569 CAD |
| Land Assessment | $416,343 CAD | Total Assessment | $827,912 CAD |
Property Taxes
Parcel Number
0192540000005
Land Assessment
$416,343 CAD
Improvements Assessment
$411,569 CAD
Total Assessment
$827,912 CAD
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Income-Producing Hospitality Investment | 4018 Chartres St
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