62-Room Choice
For Sale
Contact for pricing
2401 Market St, Baytown, TX 77520
Lodging asset requiring a post-transfer property improvement plan.
Property SizeContact for details
Days on Market143
Property Features for 2401 Market St
General Information
Standard status
Active
Property subtype
Hospitality
Property Condition
Severity
Repairs Needed
Evidence
require a new owner PIP
Additional Details
Asking Price
$3,000,000
Listing Agency:
Hotel Brokers Of America
Listed By:
Subhash Naik · License #CA 01717362
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 12:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hotel Brokers Of America
Investment Insights
Based on property information with market context.
The property is a 62-room hotel identified as a Choice product at 2401 Market St in Baytown, Texas. A new owner will be required to complete a property improvement plan upon transfer. Operating occupancy increased from 38.8% in 2021 to 52.3% in 2023, while the 2023 ARI reached 101.3 and RGI reached 100.3.
The hotel is approximately 34 miles southeast of George Bush Intercontinental Airport, 27 miles northeast of William P. Hobby Airport, and 23 miles northeast of Ellington Field Airport. The surrounding employment base includes ExxonMobil, Chevron Phillips Chemical Company, and San Jacinto Methodist Hospital. Nearby population centers and industrial areas include Pasadena, Deer Park, La Porte, and Channelview.
The hotel is approximately 34 miles southeast of George Bush Intercontinental Airport, 27 miles northeast of William P. Hobby Airport, and 23 miles northeast of Ellington Field Airport. The surrounding employment base includes ExxonMobil, Chevron Phillips Chemical Company, and San Jacinto Methodist Hospital. Nearby population centers and industrial areas include Pasadena, Deer Park, La Porte, and Channelview.
Key Highlights
- 62‑room Choice hotel in Baytown, Texas
- Occupancy increased from 38.8% in 2021 to 52.3% in 2023
- 2023 ARI measured 101.3
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
Business Placement
Demographics for 77520, TX
38,587
Population
14,411
Households
2.7
Avg Household Size
34
Median Age
12%
College-Educated
76%
High-School Grad
21.0 sq mi
ZIP Area
1,837
Density / Sq Mi
$54,249
Median Household Income
$34,251
Median Earnings
$1,142
Median Rent
$144,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Lodging asset requiring a post-transfer property improvement plan.
Where is this hotel located?
The property is located at 2401 Market St Baytown, TX.
What are key features of this property?
This property features: 62‑room Choice hotel in Baytown, Texas; Occupancy increased from 38.8% in 2021 to 52.3% in 2023; 2023 ARI measured 101.3
