Red Roof Inn Corpus Christi South Listed for sale

Red Roof Inn Corpus Christi South-Image Credit HVS[19659004]HVS Brokerage & Advisory has actually been maintained as the unique advisory company for the sale of the Red Roof Inn Corpus Christi South, a 120-key limited-service hotel in Corpus Christi, Texas.

Integrated in 1990, the residential or commercial property is being marketed as a value-add financial investment. Its monetary info reveals a 2025 typical day-to-day rate of $53, tenancy of 67% and earnings per offered space, or RevPAR, of $36. Space profits and gross operating earnings figures are based upon the 2025 year-end revenue and loss declaration, while typical day-to-day rate, tenancy and RevPAR show the tracking 12 months through July 2026.

The hotel might be obtained for approximately $46,667 per secret, which HVS refers to as listed below approximated replacement expense. The brokerage company keeps in mind that restricted seaside website schedule, building expenses and windstorm-related structure requirements have actually limited brand-new hotel advancement in the Corpus Christi and Padre Island locations. According to HVS, no brand-new economy-oriented spaces are being contributed to the regional supply.

Income and Occupancy Trends

The hotel produced typical yearly space income of $1.63 million in between 2021 and 2025, according to HVS. Space earnings amounted to roughly $1.49 million in 2025 and has actually gone beyond $1.45 million in each of the previous 5 years.

Tenancy has actually increased for 3 successive years. The hotel reported tenancy of 59.1% in 2023, 61.4% in 2024 and 64.8% in 2025. Tenancy reached 71% year to date through July 2026.

The July 2026 STR Trend Report ranked the hotel 2nd in tenancy amongst 5 competitive residential or commercial properties, according to HVS. Its tenancy penetration index was 110.5%, while its RevPAR penetration index was 106.3% for the year-to-date duration. The hotel has actually held the second-place tenancy ranking in 15 of the previous 18 months.

Prospective for Rate Improvement

HVS recognizes rates as a prospective location of enhancement for brand-new ownership. While the residential or commercial property has actually surpassed its competitive market in tenancy, its typical everyday rate has actually stayed listed below that of the wider Corpus Christi economy-chain section.

For the tracking 12 months ending in July 2026, the hotel tape-recorded a typical day-to-day rate of $53.04. That was 13.1% listed below the broader economy-chain sector’s average of $61.02. The hotel’s ADR penetration was 99.4%, below 103.7% at the end of 2025.

HVS approximates that preserving tenancy at 67.3% while increasing prices to the section average might produce around $1.72 million in space income, a boost of about $225,000. The hotel taped an ADR of $65.61 in 2023, suggesting that it has actually formerly accomplished greater rate levels.

Owner-Operator Structure

The residential or commercial property consists of a two-bedroom, two-bathroom owner’s house produced from 2 guestrooms. The spaces are presently left out from the hotel’s readily available stock however might be gone back to guestroom usage at very little expense due to the fact that no structural adjustments were made, according to HVS.

The hotel has actually been financed as a 120-key possession in its historic operating declarations and pro forma analysis. It is likewise being provided without a management contract, permitting a purchaser to run it straight or choose a brand-new management structure.

HVS positions the residential or commercial property as appropriate for a hands-on owner-operator. Direct oversight might enable brand-new ownership to concentrate on rate management, running expenses and earnings generation while keeping the alternative to inhabit the on-site house.

Need Generators Near the Property

The hotel lies on Corpus Christi’s south side near a number of institutional and business need sources. Corpus Christi Medical Center Bay Area, a 152-bed Level II injury center, is positioned throughout South Padre Island Drive from the residential or commercial property. The medical center is anticipated to produce need from clients’ households, clinicians and other medical tourists.

Texas A&M University-Corpus Christi, which enlists more than 11,000 trainees, is within 2 miles of the hotel. Del Mar College’s Windward Campus is simply over one mile away, while Naval Air Station Corpus Christi is roughly 4 miles east.

The residential or commercial property is likewise about 8 miles from the beaches of Padre Island and Mustang Island. La Palmera, a local shopping mall, is approximately 2 miles from the hotel.

Corpus Christi Market Development

HVS points out continued facilities and commercial advancement in Corpus Christi as a source of assistance for hotel need. In June 2026, the Port of Corpus Christi got in unique settlements with DP World to establish and run a container terminal. The proposed task would broaden the port’s containerized freight capability and might widen the area’s work base.

The Corpus Christi Ship Channel Improvement Project was finished in June 2025, permitting bigger vessels to access the port. The area’s refining and petrochemical operations– consisting of centers connected with Valero, CITGO, Flint Hills Resources and Occidental Petroleum– continue to produce business-travel need throughout the Coastal Bend.

Inquire at HVS