Quality Inn & Suites
For Sale
Contact for pricing
Pending
8040 Memorial Blvd, Port Arthur, TX 77642
Two-story hospitality property with 73 guest rooms, an outdoor pool, meeting space, and a business center.
Property SizeContact for details
Days on Market141
Property Features for 8040 Memorial Blvd
General Information
Standard status
Pending
Property subtype
Hospitality, Land
Net Operating Income
$437,265
Financials
Asking Price
$4,150,000
Cap Rate
10.54%
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
outdoor pool
business center
Sundry shop
meeting space
Building Details
Year Built
1997
Stories
2
Listing Agency:
HVS
Listed By:
Andrew Frosch · License #TX 617531
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 4:37PM
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 HVS
Investment Insights
Based on property information with market context.
This Choice-branded hotel contains 73 guest rooms across two stories and was constructed in 1997. Property amenities include an outdoor pool, business center, Sundry shop, and meeting space, providing a range of on-site functions for lodging operations.
The hotel is positioned along the Highway 96 corridor at 8040 Memorial Blvd in Port Arthur, near The Medical Center of Southeast Texas. The offering is fee simple and is not subject to a management contract or property debt. Operating performance includes a 132 percent RevPAR penetration index for year-end 2019, while the stated capitalization rate is 10.54 percent.
The hotel is positioned along the Highway 96 corridor at 8040 Memorial Blvd in Port Arthur, near The Medical Center of Southeast Texas. The offering is fee simple and is not subject to a management contract or property debt. Operating performance includes a 132 percent RevPAR penetration index for year-end 2019, while the stated capitalization rate is 10.54 percent.
Key Highlights
- 73‑room, two‑story hotel constructed in 1997
- Choice‑branded property at 8040 Memorial Blvd, Port Arthur, TX 77642
- Located along the Highway 96 corridor near The Medical Center of Southeast Texas
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
946
Businesses Nearby
Explore this area
Business Placement
Demographics for 77642, TX
39,017
Population
16,234
Households
2.4
Avg Household Size
34
Median Age
11%
College-Educated
74%
High-School Grad
19.7 sq mi
ZIP Area
1,981
Density / Sq Mi
$41,677
Median Household Income
$35,108
Median Earnings
$944
Median Rent
$96,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story hospitality property with 73 guest rooms, an outdoor pool, meeting space, and a business center.
Where is this hotel located?
The property is located at 8040 Memorial Blvd Port Arthur, TX.
What are key features of this property?
This property features: 73‑room, two‑story hotel constructed in 1997; Choice‑branded property at 8040 Memorial Blvd, Port Arthur, TX 77642; Located along the Highway 96 corridor near The Medical Center of Southeast Texas
