Houston Hospitality for Sale - South Main/Medical Center
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Rodeway Inn & Suites Houston Near Medical
Center (‘Hotel’ or ‘Property’) located at 6712 Morningside Drive in Houston, Texas. The Choice Hotels International-branded Hotel is offered on a “Request for Offers”
basis. The Property is being offered as a Receivership Sale, please reach out to the listing agent for more information.
This economy, limited-service Hotel consists of 32 guest rooms across two stories and is situated on a 0.65-acre parcel totaling approximately 28,140 square feet of
gross building area. The Property offers essential guest amenities including a breakfast area, guest laundry facilities, and vending machines. The Hotel also features
private on-site manager’s quarters, consisting of a dedicated two-bedroom living space ideal for owner-operator use or on-site staffing efficiency. All guest rooms are
equipped with standard in-room conveniences, including a microwave, refrigerator, coffee maker, and flat-screen HDTV.
Strategically located less than one mile from Rice University, MD Anderson Hospital, and the Texas Medical Center, the Hotel represents a well-maintained hospitality
asset in one of Houston’s highest demand lodging corridors. The Texas Medical Center alone comprises over 50 healthcare institutions and employs more than 100,000
people, generating robust, year-round demand from patients, families, visiting medical professionals, and researchers. Additional major cultural and institutional
attractions near the Property include Houston Zoo, NRG Center, Houston Museum of Natural Science, Hermann Park, and Holocaust Museum Houston.
Recent hospitality performance trends reinforce stability in this location. As of September, the 12-month average RevPAR in the Houston Medical Ctr/NRG Stadium Hotel
Submarket increased year over year, indicating conservative growth and a lower-risk environment, boosting investor confidence in the asset and market.
As the largest city in Texas and the fourth largest in the United States, Houston serves as a global hub for energy, healthcare, logistics, and aerospace innovation. Its
position along the Gulf Coast and connection to major transportation arteries like Interstate 10, Interstate 45, and Highway 59 provides unmatched access to both
domestic and international markets through the Port of Houston, one of the nation’s busiest ports. With a metropolitan population exceeding 7 million, the Greater
Houston area continues to experience steady growth fueled by a diverse and resilient economy. Major employers such as ExxonMobil, Shell, Hewlett Packard Enterprise,
Memorial Hermann Health System, MD Anderson Cancer Center, and United Airlines highlight Houston’s strength in sectors including energy, medical research,
manufacturing, and aerospace. Education and research also play a pivotal role in the region’s vitality, with Rice University, the University of Houston, and the Texas
Medical Center contributing to Houston’s status as one of the most educated and technologically advanced metros in the country. Moreover, the city’s pro-business
environment, coupled with no state income tax, continues to attract companies and professionals alike.
