Angleton, TX – Paramount Lodging Advisors is pleased to announce the successful sale of the La Quinta Inn & Suites Angleton, TX. The property was sold by the firm’s Texas-based Senior Managing Director Kami Burnette and Senior Associate Mason McDavid, along with Senior Managing Directors Bennett Webster and Brent Clemens, who represented the seller in the transaction.
The Subject Hotel is a 57-room limited-service hotel located approximately 40 miles southwest of Houston. The property was sold to regional owners who are excited to take on the Wyndham property improvement plan and compete in the local market with an updated hotel.
“We are thrilled to have represented the seller in the sale of the La Quinta Angleton TX,” stated Mason McDavid, Senior Associate of Paramount Lodging Advisors.
“Our team worked diligently to ensure a smooth transaction and we are confident that the new owners will continue to provide exceptional service to guests while driving strong financial results.”
This transaction highlights Paramount Lodging Advisors’ continued success in the hotel brokerage and advisory space in Texas. The firm has an extensive track record of effectively representing sellers and buyers of hotels throughout the United States.