Private Investor Acquires Property In Beaumont With Seller's Representatives From Marcus & Millichap And HVS

The transaction involved the sale of the Econo Lodge Inn & Suites Beaumont hotel, a 53-room property located at 2030 N 11th St, Beaumont, TX, 77703. The property was listed for $3.3 million, with a market presence in Beaumont. The total square footage is not specified.

Summary of transaction details:

• Property Type: Hotel
• Transaction Amount: $3.3 million
• Address: 2030 N 11th St, Beaumont, TX, 77703
• Market: Beaumont
• Seller's Representative: Louis Dan, Allan Miller - Marcus & Millichap, Andrew Frosch - HVS Brokerage & Advisory, Christopher Gomes - Marcus & Millichap
• Buyer: Private Investor

The seller was a private investor, represented by a team including Louis Dan, Allan Miller, Andrew Frosch, and Christopher Gomes. The buyer of the property is an undisclosed private investor based in California.