Income-Producing STR / Hospitality Property 4018 Chartres St 8 Room Hostel Houston, TX 77004 $1,450,000 ($181,250/Room) 7.93% Cap Rate

Turn-Key Hospitality / Short-Term Rental Asset | Inner Loop Houston | Near Museum District, Universities & Medical Center
Positioned at 4018 Chartres Street in Houston’s East End / Greater Third Ward, this fully operational, income-producing hospitality asset offers a rare opportunity to acquire a stabilized lodging property in one of Houston’s most connected and high-demand corridors.
Strategically located just minutes from Downtown Houston, the Museum District, Midtown, and EaDo, the property benefits from immediate access to the George R. Brown Convention Center, major event venues, and Houston’s core business districts—making it highly attractive to convention attendees, corporate travelers, and short-term visitors.
The asset is also ideally situated near Houston’s major universities, including Texas Southern University, the University of Houston, and Rice University, as well as the Texas Medical Center—the largest medical complex in the world. This drives consistent, year-round demand from students, visiting faculty, medical professionals, patients, and families seeking short- to mid-term accommodations.
The approximately 3,056 SF two-story building sits on a 5,000 SF lot and is configured for efficient hospitality operations, featuring 8 guest rooms, 5 bathrooms, a communal kitchen, shared living areas, and a private outdoor yard. With capacity for up to 32 rentable beds, the property is well-suited for group lodging, extended stays, and high-occupancy models.
Offered as a true turn-key investment, the sale includes the real estate and all tangible operating assets, allowing for immediate continuity of operations. Investors also have the flexibility to reposition, rebrand, or optimize revenue through short-term rental platforms, boutique hospitality concepts, or specialized housing for medical and academic visitors.