Howard Johnson


Price:
$5,250,000

Address :
1610 I-10
Beaumont, TX 77707


  •  Well-located in relation to Lamar University, Beaumont Botanical Gardens and the Edison Museum
  •  Priced well below replacement cost at $44,491 per unit
  •  Random refinery shutdowns assist in providing near 100% occupancy for the hotel
  •  Attractive opportunity for “hands on” ownership/ management
  •  Extra office for attorney generating extra income each year
    View Map    View Aerial
  •  High visibility location along Interstate 10
  •  Property is in a transient-friendly corridor with access to food and beverage options and other traveler amenities
  •  Beaumont is strategically located near Port Arthur and Port Neches, along I-10 which runs from Houston, TX to Lafayette, LA
  •  Close to Regional Demand Generators:
    •  0.7 Miles to Baptist Hospital of Southeast Texas
    •  1.1 Miles to Beaumont Amtrak Station
    •  2.2 Miles to Clifton Steamboat Museum
    •  2.6 Miles to Downtown Beaumont
    •  4.7 Miles to OCI Beaumont Refinery
    •  5.9 Miles to Lamar University
  •  Two Buildings
  •  Exterior Corridors
  •  Brick Facade
  •  Asphalt Shingle Pitched Roof
  •  Asphalt Parking Lot
  •  Complimentary Breakfast Room (Seats 16)
  •  Meeting Space
  •  Guest Laundry
  •  Business Center
  •  Wireless Internet
  •  Fitness Center
  •  Outdoor Pool
  •  Built 1984
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2016
2017
T-12Mos 11/18
Occupancy
68.36%
67.53%
72.82%
Average Daily Rate
$52.61
$54.46
$59.33
Room Revenue
$1,553,199
$1,584,048
$1,860,713
Net Operating Income
$190,542
$276,372
$490,544
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!