INVESTMENT HIGHLIGHTS
- Strategic Houston-Galveston Location: Positioned Between Houston and Galveston With Excellent Access to the Texas Gulf Coast's Major Employment and Tourism Destinations.
- Strong Gulf Coast Tourism Demand: Near Galveston Beach, Moody Gardens, Pleasure Pier, Schlitterbahn Waterpark, Kemah Boardwalk, and Texas City Dike.
- Cruise Passenger Demand Generator: Conveniently Located Near the Galveston Cruise Terminal, Supporting Pre- and Post-Cruise Hotel Stays Throughout the Year.
- NASA and Aerospace Visitation: Benefits From Proximity to NASA's Johnson Space Center, a Major Regional Attraction and Employment Hub.
- Significant Petrochemical Demand Base: Near Marathon Galveston Bay, Valero, Dow, and INEOS Facilities Generating Consistent Corporate and Contractor Room Demand.
- Port and Maritime Economy Exposure: Positioned Near the Port of Texas City, Supporting Shipping, Logistics, Maritime, and Industrial Travel.
- Healthcare Demand Generator: Located Near HCA Houston Healthcare Mainland, Supporting Patient, Visitor, and Medical Professional Lodging Demand.
- Meeting and Group Business Opportunity: Approximately 625 Square Feet of Banquet and Meeting Space Supporting Small Corporate and Social Gatherings.
FINANCIAL HIGHLIGHT
- Fee Simple Acquisition: The hotel provides full ownership and operational control, enabling independent financing and management. This structure typically supports long-term property appreciation, making it a compelling investment opportunity.
INVESTMENT OVERVIEW
As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Best Western Texas City ("Hotel" or "Property") located at 320 N Highway 146 in Texas City, Texas. The select-service Hotel is offered on a “Request for Offers” basis. Please reach out to the listing agent for more
information.
Situated on approximately 1.70 acres, the Property consists of 65 guestrooms and two on-site living quarters that can be converted back to guestrooms, resulting in a total of 67 keys, within an approximately 40,581-square-foot building. The Hotel was originally constructed in 2005 and offers a variety of amenities designed to accommodate business and leisure guests alike, including a business center, fitness center, swimming pool, 79 parking spaces, and approximately 625 square feet of banquet and meeting space.
The Hotel benefits from a highly diversified lodging demand base generated by tourism, healthcare, petrochemical operations, shipping activity, and regional business travel. Leisure demand is driven by the Property's proximity to Galveston Beach, Moody Gardens, Pleasure Pier, Schlitterbahn Waterpark, the Galveston Cruise Terminal, Kemah Boardwalk, Texas City Dike, Blue Lagoon Lago Mar, and Tanger Outlets, all located within a short drive of the Hotel. Additional regional visitation is generated by NASA's Johnson Space Center, one of the Houston area's most recognized attractions and employment centers. Moreover, its location along Highway 146 offers excellent accessibility throughout the Houston-Galveston corridor and convenient connectivity to many of the region's largest employment centers and visitor destinations. Additional business travel demand is supported by the Port of Texas City, one of the nation's leading deep-water ports, as well as Del Papa Distributing, a major beverage distribution operation serving the region. Healthcare-related visitation is generated by HCA Houston Healthcare Mainland, which provides medical services to residents throughout Galveston County and contributes patient, visitor, and healthcare professional lodging demand.
Texas City is a thriving industrial and commercial hub along the Texas Gulf Coast, supported by a robust mix of petrochemical, manufacturing, logistics, and maritime industries. The property benefits from a strategic location less than five miles from the Port of Texas City and approximately 15 miles from the Port of Galveston, generating consistent lodging demand from contractors, maritime workers, corporate travelers, and project teams. Major employers and industrial facilities in the immediate area include the Marathon Galveston Bay Refinery, Valero, Dow, and INEOS, all of which drive ongoing room demand from engineers, consultants, vendors, and other skilled personnel supporting Gulf Coast operations. Beyond its industrial base, the market also benefits from strong tourism and leisure activity. In 2025, the Port of Galveston welcomed nearly 3.6 million cruise passengers across 415 sailings, with projections for 2026 exceeding 3.9 million passenger movements across 445 sailings, supporting additional hotel demand from pre- and post-cruise travelers. Nearby attractions including Galveston Island, Moody Gardens, Schlitterbahn Waterpark, and Tanger Outlets further strengthen visitation to the area. Long-term growth is additionally supported by Lago Mar, a 2,033-acre master-planned community featuring the nation's largest crystal lagoon. Upon completion, the development is expected to include approximately 4,500 homes and 14,000 residents, expanding the area's consumer base and reinforcing demand for hospitality and commercial services.
