9232 Texas 146
- Strong in-place NOI: ~$336K (2025)
- Demonstrated NOI growth: +18% year-over-year
- 29-room motel + 32 RV stalls + manager’s quarters
- Value-add opportunity through RV lease stabilization
- High-visibility location near I-10 & Highway 146
- Continued upside through rate and operational improvements
- Exposure to a high-growth Houston industrial corridor
- Value Inn & RV Park Baytown presents a compelling opportunity to acquire a stable, income-producing asset with clear pathways to increasing NOI, particularly through the strategic stabilization of the RV component into long-term leased tenancy.
Property Description
Seth Equities is pleased to present the Value Inn & RV Park Baytown, a stabilized, cash-flowing hospitality asset featuring a 29-room motel, 32 RV stalls, and a 3-bedroom manager’s quarters in the Houston East/Baytown submarket. The property offers diversified revenue streams with significant upside through continued NOI growth and operational optimization. Situated on approximately 1.89 acres along Highway 146 with immediate access to I-10, the property benefits from strong visibility, accessibility, and proximity to major industrial employers that drive consistent demand for both nightly and extended-stay accommodations. The asset demonstrates strong in-place cash flow with a compelling recast NOI profile. Based on normalized financials, the property achieved approximately $336,000 NOI in 2025, representing a notable increase from approximately $284,000 NOI in 2024. This upward trend is driven by both revenue growth and improved operating efficiency, with the RV park contributing an increasing share of total income. The property includes 32 RV stalls, offering a highly attractive opportunity to further stabilize and grow income. Currently, the RV component provides strong cash flow, but remains partially transient in nature. A new owner can implement a value-add strategy by converting RV occupancy to longer-term monthly or annual leases, creating more predictable income and reducing operating volatility. Transitioning the RV park to a stabilized tenancy model can materially increase NOI while improving the asset’s overall valuation and appeal to lenders and institutional buyers. Additional upside exists through modest rate increases on both motel rooms and RV sites, as well as continued expense optimization. The inclusion of a 3-bedroom manager’s quarters further supports operational efficiency and on-site management. Located in the expanding Baytown/Mont Belvieu corridor, the property benefits from strong population and employment growth tied to nearby petrochemical, industrial, and logistics hubs. These demand drivers support long-term occupancy across both lodging and RV segments.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $3,400,000 |
| No. of Units: | 29 |
| Average Occupancy: | 9.88 |
| Year Built: | 2006 |
| Lot Size: | 1.89 Acres |
| Opportunity Zone: | No |
| Price per unit: | $117,241 |
| Property Website | Click Here |
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