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Informations principales sur l'investissement

  • Highly visible site just off U.S. Highway 84 in the affuent Woodway submarket
  • Near key corporate demand generators, such as L3Harris, SpaceX McGregor, Caterpillar, Baylor University, and major regional hospitals
  • The 159-key dual-brand format enables shared stang, laundry, maintenance, and management, reducing per-key operating costs and enhancing NOI.
  • Steps from retail and dining along the Colonnade Parkway commercial corridor
  • Proximate to local attractions and minutes from Magnolia Market at the Silos, the Baylor Sports Complex, and the Downtown Warehouse District
  • The dual-brand model with diversified revenue streams is increasingly favored by institutional investors.

Résumé analytique

- Development Site and Franchise Rights: This offering presents the opportunity to acquire the development site and secured Hilton franchise rights for the development of a dual-brand Home2 Suites/Tru by Hilton hotel project.
- Operational Scale and Back-of-House Efficiencies: The 159-key dual-brand format enables shared staffing, laundry, maintenance, and management, reducing per-key operating costs and enhancing NOI.
- Diversified Revenue Streams: This presents the opportunity to capture both extended-stay and transient demand from a robust employer base (L3Harris, SpaceX McGregor, Caterpillar, Baylor); two independent revenue engines with separate occupancy cycles provide downside protection.
- Institutional Quality Asset: The dual-brand model with diversified revenue streams is increasingly favored by institutional investors. Both brands benefit from Hilton Honors' 150M+ member loyalty base. The asset would offer scale, brand quality, and market depth that is rare in the Waco submarket of Woodway.

Informations sur l’immeuble

Prix 2 157 175 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Hôtellerie
  • Hôtel
Surface totale du lot 1,56 ha
Zonage Commercial

1 Lot disponible

Lot

Prix 2 157 175 €
Prix par ha 1 384 544,25 €
Surface du lot 1,56 ha

Approximate address: 209 Colonnade Pkwy, Woodway, TX 76712 Property ID: 408898 Size: 3.85 Acres (167,750 SF)

Description

This offering presents the opportunity to acquire the development site and secured Hilton franchise rights for the development of a dual-brand Home2 Suites/Tru by Hilton hotel project. The site benefits from excellent visibility just off U.S. Highway 84 within the affluent Woodway submarket and is steps from the retail and dining options along the Colonnade Parkway corridor. The property is strategically positioned near major corporate demand generators, including L3Harris Technologies, SpaceX McGregor, Caterpillar, Baylor University, and leading regional healthcare facilities. Additionally, the site is conveniently located near local attractions, just minutes from Magnolia Market at the Silos, the Baylor University Sports Complex, and the Downtown Warehouse District, supporting a well-balanced mix of corporate and leisure demand.

Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
  • ID de l’annonce: 39838465

  • Date de mise sur le marché: 19/03/2026

  • Dernière mise à jour:

  • Adresse: 209 Colonnade Pkwy, Woodway, TX 76712

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