Red Roof Inn & Suites Houston Hobby Airport

Investment Overview

Seth Equities, the exclusive listing broker, is pleased to present the Red Roof Inn & Suites Houston–Hobby Airport, a 131-key, nationally branded hotel strategically located along the Gulf Freeway corridor in Southeast Houston. The property is now offered at a reduced asking price of $4,700,000, representing a $500,000 price reduction from the previous $5,200,000 asking price and an attractive acquisition basis of approximately $35,900 per key. Situated on approximately 2.47 acres at 9902 Gulf Freeway, the three-story hotel benefits from immediate access to Interstate 45 and is located just minutes from William P. Hobby Airport. Its central position provides convenient connectivity to Downtown Houston, the University of Houston, the Texas Medical Center, NRG Park, Port Houston, the Houston Ship Channel, Ellington Field, NASA’s Johnson Space Center, and the greater Clear Lake and Bay Area markets. This diversified location supports demand from airport passengers, airline personnel, corporate travelers, industrial contractors, construction crews, medical visitors, university-related guests, sporting-event attendees, and leisure travelers. Ownership has invested more than $600,000 in capital improvements, including updated guest-room furniture, fixtures and equipment, interior painting, bathroom refinishing, and the addition of kitchenettes in approximately 36 rooms. The kitchenette inventory provides an additional opportunity to capture extended-stay, project-based, crew, and relocation demand within the Southeast Houston market. Property amenities include an outdoor swimming pool, guest laundry facilities, vending areas, two elevators, approximately 139 parking spaces, and multiple points of ingress and egress. The hotel’s substantial room count and efficient limited-service operating model provide a new owner with opportunities to improve revenue management, increase room availability, strengthen local and corporate accounts, enhance online distribution, and implement hands-on expense controls. The offering is particularly well suited for an experienced owner-operator or hospitality investor seeking a branded Houston asset with significant operational upside. Additional value may be created through more aggressive rate management, targeted extended-stay business, improved digital marketing, increased airport-related demand capture, and continued expense optimization. With its recently reduced price, approximately $35,900-per-key basis, established Red Roof affiliation, recent capital investment, and proximity to several of Houston’s largest demand generators, the Red Roof Inn & Suites Houston–Hobby Airport represents a compelling value-add acquisition opportunity. Tours are available by appointment only. Contact Seth Equities for the offering memorandum, financial information, franchise materials, and access to the property’s due-diligence documents.

Investment Highlights

• Major Price Reduction – Asking price reduced from $5,200,000 to $4,700,000, representing a $500,000 reduction and creating renewed urgency for qualified buyers.
• Attractive Acquisition Basis – Offered at approximately $35,900 per key, providing a compelling entry point for a nationally branded hotel within the Houston metropolitan area.
• 131-Key, Nationally Branded Hotel – Operates as the Red Roof Inn & Suites Houston–Hobby Airport, offering substantial room inventory and the operating efficiencies associated with a larger limited-service asset.
• Fee-Simple Ownership – The offering includes the hotel improvements and approximately 2.47 acres of land at 9902 Gulf Freeway in Houston, Texas.
• Strategic Hobby Airport Location – Positioned less than two miles from William P. Hobby Airport, supporting recurring demand from airline passengers, flight crews, airport employees, contractors, and transportation-related travelers.
• Immediate Interstate Access – Located along the Interstate 45/Gulf Freeway corridor, with convenient connectivity to Beltway 8, Downtown Houston, the Houston Ship Channel, Clear Lake, and the greater Houston metropolitan area.
• Approximately Seven Miles from Downtown Houston – Provides convenient access to the central business district, George R. Brown Convention Center, Minute Maid Park, Toyota Center, and Downtown Houston’s corporate and entertainment destinations.
• Diversified Demand Generators – The property is positioned near numerous airport, corporate, industrial, medical, educational, military, convention, sporting, and leisure demand drivers, including:
• William P. Hobby Airport
• Downtown Houston
• University of Houston
• Texas Medical Center
• NRG Park and NRG Stadium
• Port Houston and the Houston Ship Channel
• Pasadena industrial and petrochemical corridor
• Ellington Field Joint Reserve Base
• Houston Spaceport
• NASA Johnson Space Center and Space Center Houston
• Clear Lake and the greater Houston Bay Area
• More Than $600,000 in Recent Capital Improvements – Ownership has completed substantial upgrades, including updated guest-room furniture, fixtures and equipment, interior painting, bathroom refinishing, and other property improvements.
• Approximately 36 Rooms with Kitchenettes – A meaningful portion of the room inventory has been upgraded with kitchenettes, positioning the property to pursue extended-stay guests, project-based workers, relocation business, airline personnel, and construction crews.
• Multiple Renovation Cycles – Originally constructed in 1984, the property has undergone renovations and updates in 2006, 2019, and through more recent ownership capital expenditures.
• Operational Upside – A new owner can pursue increased revenue through more disciplined rate management, improved digital distribution, stronger online positioning, local corporate accounts, airport-related partnerships, and targeted crew and extended-stay business.
• Owner-Operator Opportunity – The property is particularly well suited for an experienced hands-on operator capable of improving room availability, controlling labor and operating expenses, strengthening revenue management, and increasing overall profitability.
• Large Room Count with Economies of Scale – The hotel’s 131-key configuration provides an opportunity to spread fixed operating costs across a substantial room base while capturing demand from individual travelers, crews, groups, and longer-term guests.
• On-Site Amenities – Property amenities include an outdoor swimming pool, guest laundry facilities, vending areas, two elevators, and other limited-service guest conveniences.
• Ample Parking and Property Access – The hotel includes approximately 139 parking spaces and multiple points of ingress and egress, accommodating passenger vehicles, work crews, vans, and other commercial lodging users.
• Broad Customer Base – The surrounding location supports weekday and weekend demand from airport travelers, corporate guests, industrial contractors, medical visitors, university-related travelers, sporting-event attendees, convention guests, and Houston-area leisure visitors.
• High-Visibility Houston Location – The Gulf Freeway positioning offers convenient regional access and places the hotel within one of Southeast Houston’s most established commercial, transportation, and lodging corridors.
• Compelling Value-Add Offering – The combination of a nationally recognized brand, substantial room inventory, recent capital investment, diversified lodging demand, and a reduced per-key basis provides multiple pathways for a buyer to create additional value.
• Tours by Appointment Only – Contact Seth Equities, the exclusive listing broker, for the offering memorandum, financial information, franchise materials, due-diligence documents, and property-tour scheduling.