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11999 East Fwy, Houston, TX, 77029

Red Roof Inn
$4,750,000

Key Information

Cap Rate
12.58%
Units
108
Type
Hospitality
NOI
$600,000

Highlights

  • Red Roof Inn (Economy): Value-oriented flag with resilient demand capture across industrial, logistics, and drive-to segments.
  • Efficient Operations: Exterior-corridor access and surface parking support quick turns, weekly stays, and negotiated crew business.
  • Direct I-10 East Frontage with immediate access to I-610 and Beltway 8, placing the asset in the heart of East Houston’s port, petrochemical, and logistics corridor.
  • Short drives to Ship Channel terminals, major warehouse/distribution nodes, and industrial contractors, expanding the weekday base.
  • Energy & Chemicals: Baytown complex reconfiguration targeting 2028 startup supports multi-year construction and turnaround activity in the corridor.
  • Clean-Energy Logistics: Hydrogen heavy-truck fueling project at the port funded in 2025, reinforcing the east side’s role in next-gen transport infrastructure.
  • Port Throughput Momentum: Port Houston set a new annual container record in 2024, followed by double-digit container growth in mid-2025, signaling sustained logistics and vendor travel into the east side.
  • Houston Ship Channel Expansion (Project 11): Ongoing widening/deepening program with completion scheduled for 2029, enhancing efficiency and long-term cargo growth—tailwinds for contractor and maritime-related room nights.
  • Terminal Capacity Upgrades: Bayport/Barbours Cut wharf and gate expansions underway/advancing in 2025, supporting larger vessels and faster gate flows.
  • Beltway 8 Ship Channel Bridge Program: Replacement twin-span project targeting first-span completion in late 2025, with subsequent phases through the decade—multi-year presence of skilled trades and inspection teams.
  • I-10 East Improvements: TxDOT advancing I-10 San Jacinto River bridge reconstruction and broader corridor planning (PEL) that improve mobility and network resilience for freight and crews.
  • Workforce-Ready Format: Surface lot, truck-friendly circulation, and highway visibility are ideal for crews, vendors, and weekly guests.
  • Site Scale: ±2.27 acres provides comfortable parking ratios and operational flexibility for long-vehicle staging and future site enhancements.
  • Straightforward Demand Story: Port growth + ongoing infrastructure + industrial reinvestment create a durable base of weekday, project-driven demand withspillover on weekends from regional drive-to travel.
  • Elias Zakas, Jake Senatore and Simon Assaf (In conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225