Port Arthur Hotel Duo Flips to 1031 Investor
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. Texas + State of Texas + Hospitality | January 10, 202...
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less. Texas + State of Texas + Hospitality | January 10, 2023 Marcus & Millichap has brokered the sale of a 188-room hotel portfolio in the East Texas city of Port Arthur. The 92-room Holiday Inn Express & Suites Port Arthur was constructed in 2010 and renovated in 2019, and the 96-room TownePlace Suites Beaumont Port Arthur was originally constructed in 2014. Both hotels are part of the Intercontinental Hotels Group (IHG) family of brands.