Marcus & Millichap Arranges Sale of 120-Room Red Roof PLUS+ Hotel in Houston

HOUSTON, Jan. 12, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 120-room Red Roof PLUS+ hotel property in Houston, Texas.

Skyler Cooper, investment specialist in Marcus & Millichap's Dallas office, had the exclusive listing to market the property on behalf of the seller, Park 10 Hospitality LLC, and procured the buyer, Shree Avdhoot Krupa of Texas, LLC (Ketan Rama). The transaction received additional support from Chris Gomes, Allan Miller and Rajan Patel of the Miller-Gomes Hotel Team.

"We're thrilled to complete this purchase in Houston," said the buyers. "The process was seamless, and the opportunity checked all the boxes for us as we continue to grow our portfolio in Texas."

Built in 1995, the three-story Red Roof PLUS+ hotel is situated on 2.49 acres at 15701 Park Ten Place, just off Interstate 10 and half a mile from Highway 6. Amenities include a breakfast area, fitness center and guest laundry facilities. The hotel is surrounded by demand drivers including Topgolf, Memorial City Hall and Houston Methodist West Hospital.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.