La Quinta Inn 57-key In Port Lavaca, TX

$5,750,000 La Quinta Inn & Suites Port Lavaca featuring 57 rooms, $665,863 NOI, and an 8.49% cap rate. Operating at 69.01% occupancy, this three-story hotel offers strong in-place cash flow in a coastal Texas market supported by industrial expansion. Built in 2007, the property totals approximately 43,074 square feet on 4 acres and consists of one building. Strategically located between Houston, Corpus Christi, and San Antonio, roughly two hours from each, the hotel benefits from access to major urban centers while operating in a lower cost regional market. Primary demand drivers include Dow Chemical and Formosa Plastics in Point Comfort, Port Lavaca Harbor as an industrial shipping hub, and Matagorda Bay for fishing, boating, and ecotourism. Significant long-term upside is supported by a $10 billion ExxonMobil project breaking ground nearby, a $360 million Novus plant, and ongoing city infrastructure upgrades driving economic growth and job creation. With limited competition and average ADR of $115 in the market, this asset presents a compelling opportunity for an owner-operator or investor seeking exposure to sustained industrial and coastal demand growth.