Owner willing to consider all offers for Texas Hotel!
2929 Jimmy Johnson Blvd., Port Arthur, Texas, 77642, United States
Price: Call Broker for Details
Seller’s Broker information
|Property type:||Full Service|
|Number of rooms:||164|
|Meeting space:||4,920 square feet|
|Parking:||Concrete surface lot|
|Number of Buildings:||3|
|Number of Stories:||2/4|
|Amenities:||Outdoor pool and sun deck, exercise room, restaurant and lounge, seven guestroom suites, meeting facilities|
|For Period Ending:||July 2016|
|Average Daily Rate:||$111.00|
Ownership is highly motivated to conclude a transaction and is therefore open to considering all offers.
Opened in 1984 this Hotel features 164 guestrooms located in two guestroom buildings; a four-story interior corridor building and a two-story exterior corridor building. The two guestroom buildings are both adjacent to a one-story commercial building. The Property is in very good to excellent condition having completed a Holiday Inn PIP in 2012 making it a fully renovated facility. Property features include an outdoor swimming pool with a large sundeck, an exercise suite, a restaurant and lounge, seven guestroom suites and meeting facilities. As part of the continued upgrades, maintenance and improvements performed at the Hotel, all kitchen cooking equipment was replaced within the past several years. Two meeting rooms and two boardrooms are available offering almost 5,000 square feet of meeting space.
- Several brands (including Wyndham) have indicated an interest in flagging this hotel.
- Proper revenue management could see substantial increase in both top and bottom line numbers.
- Hotel is in outstanding physical condition.
The Hotel is located on the Jimmy Johnson Blvd at Memorial Freeway in Port Arthur, about 15 miles southeast of I-10, 20 miles southeast of Beaumont, TX and approximately 100 miles east of Houston.
Port Arthur is a major United Sates seaport.