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3950 Interstate 10 S
Beaumont, TX 77705
Holiday Inn & Suites Beaumont-Plaza I-10 · Hospitality Property For Sale
·
213,450 SF
PROPERTY FACTS
| Property Type | Hospitality | Year Built/Renovated | 1984/2007 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 3.05/1,000 SF |
| Lot Size | 7.40 AC | Corridor | Interior |
| Building Size | 213,450 SF | Cross Streets | Walden Rd |
| No. Stories | 8 | ||
| Zoning | LI | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 7.40 AC |
| Building Size | 213,450 SF |
| No. Stories | 8 |
| Year Built/Renovated | 1984/2007 |
| Tenancy | Single |
| Parking Ratio | 3.05/1,000 SF |
| Corridor | Interior |
| Cross Streets | Walden Rd |
| Zoning | LI |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 3950 INTERSTATE 10 S , BEAUMONT, TX 77705
Property Tour and Contact Detail Information: Property tours will be held Monday, November 27th, 9 AM to 4 PM and Thursday, December 7th, 9 AM to 4 PM. Please contact the listing broker to schedule a tour of the property. Investment Highlights: 252-Room, Interior Corridor, Full-Service Hotel Fully Renovated in 2017 with IHG's Latest Design Scheme Upside Potential by Reducing Expenses Located in Strong Market with Consistent Year-Over-Year Growth Diversified Demand Generators Strong Revenue Uptrend Investment Overview: Marcus & Millichap's National Hospitality Group, as an exclusive broker, is pleased to offer for sale the Holiday Inn & Suites Beaumont, full-service hotel located in Beaumont, Texas. The property consists of 252 rooms and underwent a complete renovation throughout 2016-2017. The hotel offers an indoor pool area, whirlpool, fitness center, and adjoining sun deck. The hotel's lobby features a full-service restaurant, an atrium with a three-story cascading waterfall, and 20,000 square feet of flexible meeting space spread out over 13 meeting rooms. Beaumont, Texas is a city in southeast Texas and is a part of the Beaumont Port Arthur Metropolitan Statistical Are Beaumont, Texas is a city in southeast Texas and is a part of the Beaumont Port Arthur Metropolitan Statistical Area. The Holiday Inn & Suites Beaumont is located just off US Interstate 10 and is one exit away from the Highway 96 intersection. Centrally located, the hotel offers a great location in close proximity to multiple corporate and leisure demand generators such as the Lamar University, Ameripol Synpol, the ExxonMobil Refinery, Cargil-Northstar Steel, Huntsman Corporation, Christus Hospital-St. Elizabeth, and the Dupont and Goodyear plants. The property is just a few miles from numerous attractions including the multi-purpose entertainment and sports complex at Ford Park, the Imagination Station at Central Park, and downtown's popular dining and music spot, Crockett Street Entertainment District. The hotel is also within a short drive of great gaming action at Delta Downs Racetrack & Casino. The property is 12 miles from Jack Brooks Regional Airport. The Holiday Inn & Suites Beaumont is offered for sale on a Call for Offers basis. Based on November 2017 Trailing Twelve Months, the Net Operating Income was approximately $2,100,000, which includes reserves for capital repl
PROPERTY TAXES
| Parcel Number | 036090-000-000550-00000 | Improvements Assessment | $19,233,549 |
| Land Assessment | $1,470,705 | Total Assessment | $20,704,254 |
PROPERTY TAXES
