Branded Extended-Stay
For Sale
Contact for pricing
4407 27TH ST, Orange, TX 77632
60-room HomeTowne Studios extended-stay hotel with furnished accommodations near Interstate 10 in Orange, Texas.
Property Size33,484 SF
Price / SF$134.39
Days on Market56
Property Features for 4407 27TH ST
General Information
Standard status
Active
Size
33,484 SF
Property subtype
Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1983
Year Renovated
2024
Stories
2
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #10991231395
Source:
Crexi
Added: Jun 17
Changed: Aug 10
Last Checked: Aug 9 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc
Investment Insights
Based on property information with market context.
This offering features a HomeTowne Studios Orange extended-stay hotel with 60 furnished rooms, operating under the HomeTowne Studios by Red Roof brand. The property is designed for longer-duration guests, emphasizing an extended-stay lodging model with fully furnished accommodations intended to support travelers staying for weeks rather than nights.
Located in Orange, Texas, the hotel is positioned near Interstate 10, providing visibility and convenient roadway access for arriving guests. The property serves a mix of workforce, project-based, and long-term lodging demand consistent with the activity in Southeast Texas’s Golden Triangle region.
For investors or operators seeking a nationally branded, extended-stay platform, this property offers a straightforward hospitality asset with an established brand framework and an extended-stay focus. Its operating concept is supported by the area’s industrial and logistics base, which includes petrochemical, refining, manufacturing, and transportation activity, translating into repeatable lodging needs across multiple industries.
Located in Orange, Texas, the hotel is positioned near Interstate 10, providing visibility and convenient roadway access for arriving guests. The property serves a mix of workforce, project-based, and long-term lodging demand consistent with the activity in Southeast Texas’s Golden Triangle region.
For investors or operators seeking a nationally branded, extended-stay platform, this property offers a straightforward hospitality asset with an established brand framework and an extended-stay focus. Its operating concept is supported by the area’s industrial and logistics base, which includes petrochemical, refining, manufacturing, and transportation activity, translating into repeatable lodging needs across multiple industries.
Key Highlights
- 60‑room HomeTowne Studios extended‑stay hotel in Orange, Texas
- Brand: HomeTowne Studios by Red Roof
- Extended‑stay setup with fully furnished accommodations for longer stays
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$157,459
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,149,180
$3.1M
Cap Rate 7%
$2,249,414
$2.2M
Cap Rate 9%
$1,749,544
$1.7M
Market Conditions
NOI Build-Up for 33,484 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$442.0K $13.20/SF
− Vacancy
−$110.5K −$3.30/SF
EGI
$331.5K $9.90/SF
− OpEx
−$174.0K −$5.20/SF
NOI
$157.5K $4.70/SF
Area
Orange County, TX
Vacancy
25.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,149,180
Cap Rate 7%
$2,249,414
Cap Rate 9%
$1,749,544
Alternative Uses
Best Use
Hotel Hospitality
$2.25M
$1.97M – $2.62M
NOI $157,459 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.91M
$6.92M – $9.23M
NOI $553,531 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 77632, TX
22,487
Population
9,568
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
130.5 sq mi
ZIP Area
172
Density / Sq Mi
$82,828
Median Household Income
$50,807
Median Earnings
$1,037
Median Rent
$184,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - 60-room HomeTowne Studios extended-stay hotel with furnished accommodations near Interstate 10 in Orange, Texas.
Where is this hotel located?
The property is located at 4407 27TH ST Orange, TX.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 60‑room HomeTowne Studios extended‑stay hotel in Orange, Texas; Brand: HomeTowne Studios by Red Roof; Extended‑stay setup with fully furnished accommodations for longer stays
