Marcus & Millichap closed the sale of a 121-room Residence Inn hotel property in Texarkana, Texas.
Chris Gomes, investment specialist in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the Dallas-based hotel owning company, and procured the buyer, an affiliate of Daugherty Property Group. The transaction received additional support from Skyler Cooper and Allan Miller of the Miller-Gomes Hotel Team.
The Residence Inn by Marriott Texarkana is located at 3900 Saint Michael Drive, just off Interstate 30 and U.S. Highway 59. Built in 2014 and renovated in 2023, the hotel features amenities including an indoor pool, fitness center, business center and meeting space. It is situated on 2.32 acres in a dense retail corridor near national retailers such as Target, Sam’s Club and Central Mall.
