2265 Interstate 10 S
Beaumont, TX 77705
Fairfield Inn & Suites Beaumont · Hospitality Property For Sale · 39,018 SF

Property Tour and Contact Detail Information: Property tours are available by appointment as per dates shown below. Please contact Eric Guerrero at 713 577 1665 or eric.guerrero@cbre.com to schedule a tour of the property. oWednesday, November 15th oWednesday, November 29th Investment Highlights: Affordably-priced asset provides entry into the superior Marriott brand system Strong performing Beaumont, Texas economy Enviable Interstate 10 location 1 hour from metropolitan Houston, Texas Extensive renovations completed in 2017 Property in turn key condition Asset unencumbered by management, allowing for margin increases for a new operator Anticipated long term license may be available to a qualified buyer Investment Overview: CBRE Hotels is pleased to exclusively present the fee-simple interest in the Fairfield Inn & Suites Beaumont (the "Hotel" or "Property"). The Property is ideally located along Interstate 10 in Beaumont, Texas providing convenient access to the area's significant demand generators in the strong refining and chemical industries. This offering represents a unique opportunity for an investor to acquire a fully renovated hotel and benefit from This offering represents a unique opportunity for an investor to acquire a fully renovated hotel and benefit from the capital investments resulting in increased net operating income and strong returns. Ownership is offering the hotel unencumbered by management, with significant upside in operations. Currently, the Fairfield Inn & Suites ranks 6 of 6 in RevPAR year-to-date through August. This demonstrates the upside in both occupancy and average daily rate. Now that the renovations are completed, the hotel features the newest product from Fairfield Inn & Suites; allowing it to compete aggressively with the rest of the competitive set. Current operating income is disrupted given the ongoing renovations. However, a new owner will be able to immediately capitalize on the upside from the improvements.