This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7660 Memorial Blvd
Port Arthur, TX 77642
Hampton by Hilton Inn & Suites Port Arthur · Hospitality Property For Sale
·
49,170 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2007 |
| Building Class | B | Parking Ratio | 4.84/1,000 SF |
| Lot Size | 1.62 AC | Corridor | Interior |
| Building Size | 49,170 SF | ||
| Zoning | F1 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.62 AC |
| Building Size | 49,170 SF |
| No. Stories | 3 |
| Year Built | 2007 |
| Parking Ratio | 4.84/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- On-Site Retail
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ABOUT 7660 MEMORIAL BLVD , PORT ARTHUR, TX 77642
Located on State Highway 73 and US Highway 69 in the beautiful city of Port Arthur, only minutes away from Pleasure Island and the Gulf Coast. Port Arthur, Texas has experienced significant growth and development over the course of the last 24 months. The hotel's revenue has increased significantly compared to the previous year, with a total revenue of $2,241,282 in the last twelve months. The projected gross revenue for 2023 is $2,500,000 as the hotel enters its busiest months. The market is strong, with an average occupancy rate of 62% and a rate of $103. However, this hotel is outperforming its competitors in occupancy and average daily rate (ADR), with an average daily rate of $108.61 and an occupancy rate of 75%. This diverse city has developed programs to attract new businesses and industries, including petrochemicals, healthcare, and manufacturing. The city has also invested in infrastructure improvements, as well as an influx of new housing and commercial developments.
