Log In/Sign Up
Your email has been sent.
Houston Hostel 4018 Chartres St 8 Room Hostel Houston, TX 77004 $1,500,000 ($187,500/Room) 7.67% Cap Rate
INVESTMENT HIGHLIGHTS
- Turnkey Hospitality Operation
- Unique type of business for the area
- Proven revenue stream
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 | $50.00 | - |
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 0192540000005 | Improvements Assessment | $296,560 |
| Land Assessment | $300,000 | Total Assessment | $596,560 |
PROPERTY TAXES
Parcel Number
0192540000005
Land Assessment
$300,000
Improvements Assessment
$296,560
Total Assessment
$596,560
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Houston Hostel | 4018 Chartres St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.