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The Latitude Run Reversible Sleeper Sectional is a fabric sectional that converts into a bed and includes a storage chaise plus built-in cup holders. The chaise can be mounted on either side, so it fits left- or right-facing rooms. It comes in beige, light gray and charcoal. No current price was provided, so check the live comparison before buying.
Lowest price we've seen: $1,039.99 on Nov 2 at Wayfair. Tracked across 1 store since Nov 2.
Owners of reversible sleeper sectionals in this class generally find them good value for small spaces and guest use. Common praise centers on the storage and the flexible chaise placement. Complaints tend to focus on firmness of the sleeper surface and assembly time.