Turnkey Hospitality Business + Real Estate Near Downtown Houston
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Extremely rare opportunity to acquire a fully operational hospitality business together with the underlying real estate in one of Houston’s most connected Inner Loop locations.
The property recently received an April 2026 appraisal at $1.39M for the real estate alone, making the current $1.45M asking price especially compelling considering the sale also includes the operating business, furnishings, fixtures & equipment (FF&E), operational systems, and hospitality setup.
Located at 4018 Chartres St near Downtown Houston, the Museum District, EaDo, major universities, and the Texas Medical Center, the property benefits from multiple year-round demand drivers including medical travel, students, group travel, conventions, tourism, corporate stays, and event-based lodging.
The two-story property features approximately 3,056 SF on a 5,000 SF lot and is currently configured with: 8 guest rooms, 32 beds, 5 bathrooms, communal kitchen, shared living/lounge areas, outdoor space, operational infrastructure already in place
The business has been operating since 2018 and has welcomed tens of thousands of guests over the years while building strong visibility across major booking platforms. Operations are already established with staffing, systems, workflows, and vendor relationships in place.
The property offers multiple potential operating strategies, including: group lodging, boutique, hospitality, co-living, short-term rentals, mid-term rentals, travel nurse housing, student housing,
corporate/group stays.
Significant upside opportunity exists through branding improvements, operational optimization, pricing adjustments, platform expansion, and property enhancements that could justify higher nightly rates and increased occupancy.
Houston’s continued growth, proximity to major universities and the world’s largest medical center, and major yearly events including the Houston Rodeo and Livestock Show create additional long-term demand potential for hospitality-oriented operators.
The sale includes: real estate, business operations, FF&E, furnishings, operational setup, vendor and operational infrastructure.
Seller is relocating and is willing to provide reasonable transition support to a buyer after closing.
Confidentiality/NDA may be required prior to release of certain financial and operational information.
The property recently received an April 2026 appraisal at $1.39M for the real estate alone, making the current $1.45M asking price especially compelling considering the sale also includes the operating business, furnishings, fixtures & equipment (FF&E), operational systems, and hospitality setup.
Located at 4018 Chartres St near Downtown Houston, the Museum District, EaDo, major universities, and the Texas Medical Center, the property benefits from multiple year-round demand drivers including medical travel, students, group travel, conventions, tourism, corporate stays, and event-based lodging.
The two-story property features approximately 3,056 SF on a 5,000 SF lot and is currently configured with: 8 guest rooms, 32 beds, 5 bathrooms, communal kitchen, shared living/lounge areas, outdoor space, operational infrastructure already in place
The business has been operating since 2018 and has welcomed tens of thousands of guests over the years while building strong visibility across major booking platforms. Operations are already established with staffing, systems, workflows, and vendor relationships in place.
The property offers multiple potential operating strategies, including: group lodging, boutique, hospitality, co-living, short-term rentals, mid-term rentals, travel nurse housing, student housing,
corporate/group stays.
Significant upside opportunity exists through branding improvements, operational optimization, pricing adjustments, platform expansion, and property enhancements that could justify higher nightly rates and increased occupancy.
Houston’s continued growth, proximity to major universities and the world’s largest medical center, and major yearly events including the Houston Rodeo and Livestock Show create additional long-term demand potential for hospitality-oriented operators.
The sale includes: real estate, business operations, FF&E, furnishings, operational setup, vendor and operational infrastructure.
Seller is relocating and is willing to provide reasonable transition support to a buyer after closing.
Confidentiality/NDA may be required prior to release of certain financial and operational information.
About the Business
- Years in Operation
- 8
- Facilities & Assets
- 4018 Chartres is a turnkey, fully operational 8-room, 32-bed hospitality asset in Houston’s Inner Loop near the Museum District, Downtown, major universities, and the Texas Medical Center. The sale includes the real estate, operating business, FF&E, furnishings, systems, social media/accounts where transferable, and client/vendor contacts. The two-story ±3,056 SF building sits on a ±5,000 SF lot and includes 8 guest rooms, 5 bathrooms, communal kitchen, shared living areas, outdoor space, Wi-Fi, security systems, and operational infrastructure. April 2026 appraisal came out at $1,390,000 real estate value only, with the business and assets included in the $1,450,000 asking price. Appraisal available upon request.
- Market Outlook / Competition
- Houston has very limited true hostel/shared-lodging inventory, making this a rare hospitality opportunity in a major U.S. metro. The property serves a diverse guest base including international travelers, students, medical visitors, professionals, group travelers, and budget-conscious guests seeking clean, safe, community-oriented lodging. Located near Downtown, the Museum District, EaDo, major universities, convention/event demand, and the Texas Medical Center, the business benefits from multiple year-round demand drivers. The hostel has operated since 2018, welcomed tens of thousands of guests, and built strong recognition across major booking channels.
- Opportunities for Growth
- Significant upside exists through facility improvements, stronger branding, rate optimization, expanded booking platforms, group stays, mid-term rentals, travel nurse housing, student/academic housing, corporate/group lodging, and event-driven demand. Future ownership could improve guest experience and justify higher nightly rates through upgrades to common areas, rooms, outdoor space, and overall presentation. Houston’s continued growth, major medical/university demand, convention activity, and large yearly events such as the Houston Rodeo and Livestock Show create additional potential for revenue growth. Current operations provide a foundation that a more hospitality-focused or STR-focused operator may be able to optimize further.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,056
About the Sale
- Seller Motivation
- Owner relocated and is focusing on other ventures.
- Transition Support
- Seller is willing to provide reasonable post-closing transition support for up to 90 days to help the buyer understand current operations, systems, vendor relationships, booking processes, staffing structure, guest flow, and general business practices. This is not a formal training program, but the current owner will be available to answer operational and business-related questions during the transition period so the buyer can step into the business with continuity and confidence.
- Financing Options
- Conventional commercial financing possible; SBA; cash.
Listing Info
- ID
- 2508837
- Listing Views
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2508837 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
