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Hotel For Sale • 56,981 SF
| Value-Add opportunity for a more hands-on operator to restructure the institutionally owned and operated asset. |
| In 2024, current ownership renovated multiple areas of the property and converted the hotel to a SureStay Plus by Best Western. |
| Per STR’s YTD data through May 2025, the hotel achieved an impressive 48.0% RevPAR increase compared to the same period last year. |
| This opportunity presents an investor with the ability to acquire the property at a price well below replacement cost, at $28,000 (rounded) per key. |
| To construct a similar limited-service asset with comparable amenities, the estimated all-in investment would be a minimum of $100,000 per key. |
| Robust Petrochemical & Energy Market - Approximately $41 billion petrochemical expansion projects are either underway or have been recently completed. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Beaumont Amtrak (Sunset Limited - Amtrak) | 4 min | - | 1.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 162 |
| Type: | Surface |
| Included in Rent: | Yes |
