Holiday Inn Beaumont East Medical Center Area | 2095 N 11th St
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Holiday Inn Beaumont East Medical Center Area 2095 N 11th St
160 Room Hotel Beaumont, TX 77703 $19,844,580 CAD ($124,029 CAD/Room)
Investment Highlights
- Property Improvement Plan Up to Date
- Add value potential property in non flooding zone | Add Event Center on unused land
- Full Appraisal available at 20M - Call Listing Agent
- Agreement with Holiday Inn till 2027
- 131 single rooms , 30 2&3 Bedroom suites , 285 pakings
- Interior Corridors, Business Center, Fitness center, Meeting Space, Banquet Room, Restaurant, Pool
Executive Summary
The Holiday Inn Beaumont East Medical Center, located at 2095 North 11th Street, Beaumont, TX, is a 161-unit, full-service hotel that has undergone extensive renovations, including major updates in 2006, 2009, 2012, and a significant $15 million renovation completed between 2016 and 2018. This property features 131 single rooms and 30 suites, spread across six stories, and includes amenities such as the Red River Bar & Grille, three meeting rooms, a sundry store, a fitness room, guest laundry, a business center, and an outdoor pool. Ideally situated within Beaumont's Medical Center and near downtown, the hotel is poised to capture long-term petrochemical and downstream oil & gas business prevalent in the region. With a gross building area of 115,571 square feet on a 4.36-acre lot, this property offers modern facilities and excellent visibility from North 11th Street, ensuring a steady flow of guests from both commercial and medical sectors.
Redevelop by: ADDING EVENT CENTER ON UNUSED LAND TO IMPROVE HOTEL OCCUPANCY
WATCH: https://youtu.be/NdbGTI2Th5E?si=sgQThhmTv-R_MvcO
Redevelop by: ADDING EVENT CENTER ON UNUSED LAND TO IMPROVE HOTEL OCCUPANCY
WATCH: https://youtu.be/NdbGTI2Th5E?si=sgQThhmTv-R_MvcO
Data Room Click Here to Access
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Meeting Event Space
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 30 | $174.35 CAD | - |
| Guest Room | 130 | $165.84 CAD | - |
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zoning
| Zoning Code | GC-MD-2 |
| GC-MD-2 |
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Holiday Inn Beaumont East Medical Center Area | 2095 N 11th St
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