PORT ARTHUR – Daughtery Property Group has sold two local hotels to a 1031 exchange investor.
The 92-room Holiday Inn Express & Suites Port Arthur was built in 2010 and renovated in 2019.
The 96-room TownePlace Suites Beaumont Port Arthur was built in 2014.
Both hotels are part of the Intercontinental Hotels Group family of brands.
Marcus & Millichap brokered the sale.
Head to the Center’s website for more Beaumont-Port Arthur real estate news.
Source: Connect CRE