2030 N 11th St | Beaumont, TX 77703
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2030 N 11th St
Beaumont, TX 77703
Sonesta Essential Beaumont · Hospitality Property For Sale · 35,528 SF
Investment Highlights
- The property is available at a discount to its replacement cost, at $45,283 per key, presenting a cost-effective investment opportunity.
- Underperforming asset, offering upside for more hands-on operator.
- Exxon's $10B Golden Pass LNG in 2024 & Valero's $975M refinery in April 2023 create 2,000 temp & 500 permanent jobs.
- The property contains a two-bedroom, two-bathroom manager’s apartment.
- Strategically located near I-10, close to Baptist Hospitals, Lamar Univ., Ford Park, and ExxonMobil; ideal for diverse demand.
- Based upon a report published by the Southeast Texas Economic Development Foundation (SETEDF): $54B petrochem expansion underway, completion by 2030.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2005/2015 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.45 AC | Parking Ratio | 1.13/1,000 SF |
| Building Size | 35,528 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 35,528 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2005/2015 |
| Tenancy | Single |
| Parking Ratio | 1.13/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 257416-000-001000-00000 | Improvements Assessment | $4,378,011 |
| Land Assessment | $144,276 | Total Assessment | $4,522,287 |
PROPERTY TAXES
Parcel Number
257416-000-001000-00000
Land Assessment
$144,276
Improvements Assessment
$4,378,011
Total Assessment
$4,522,287
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