This Hospitality Property is no longer advertised on LoopNet.com.
2265 Interstate 10 S
Renovated Fairfield I&S-1HR to Houston, TX · Hospitality Property For Sale
·
39,018 SF
INVESTMENT HIGHLIGHTS
Fully renovated 78-room Fairfield Inn & Suites by Marriott, ideally located one hour from Houston, TX in a dense commercial hub along I-10.
Nearby demand drivers include the campus of Beaumont Municipal Airport, Lamar University, Parkdale Mall, Ford Park, Port of Beaumont, and ExxonMobil.
Rare opportunity to acquire an underperforming hotel in a flourishing market with upside potential through marketing and operational initiatives.
Located in East Texas forming the "Golden Triangle" with Orange and Port Arthur, Beaumont has a strong economy driven by oil, gas and petrochemicals.
Unrivaled visibility to over 113,000 vehicles traveling along I-10 daily and easy accessibility to nearly 13,000 vehicles along Washington Boulevard.
Hotel amenities include a heated indoor pool, a fully equipped fitness center, laundry facilities, convenience store, continental breakfast, and more.
PROPERTY FACTS
Property Type
Hospitality
Property Subtype
Hotel
Building Class
B
Lot Size
1.50 AC
Building Size
39,018 SF
No. Stories
3
Year Built/Renovated
1998/2021
Corridor
Interior
Zoning
None
AMENITIES
High Speed Internet Access
PROPERTY TAXES
Parcel Number
019650-000-000175-00000
Improvements Assessment
$4,913,695
Land Assessment
$360,668
Total Assessment
$5,274,363
