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Candlewood Suites by IHG Development Project 6890 Woodway dr Lot | Terrain commercial | 0,62 ha | À vendre | 862 870 € | Woodway, TX 76712
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Informations principales sur l'investissement
- Highly visible site directly off U.S. Highway 84 in the affluent Woodway submarket
- Near key corporate demand generators, such as L3Harris, SpaceX McGregor, Caterpillar, Baylor University, and major regional hospitals
- Candlewood Suites' lean operating model, with no F&B program/restaurant but rather the Candlewood Cupboard market pantry, delivers strong GOP margins.
- 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 brand's lower construction cost per key makes it a highly efficient development choice backed by IHG One Rewards' 100M+ members.
Résumé analytique
- Efficient Midscale Extended-Stay Model: Candlewood Suites' lean operating model, with no F&B program/restaurant but rather the Candlewood Cupboard market pantry, delivers strong GOP margins. The brand's lower construction cost per key makes it a highly efficient development choice backed by IHG One Rewards' 100M+ members.
- Affluent Woodway Submarket with Rate Integrity: Woodway is an incorporated city within the Waco MSA with higher household incomes and a desirable commercial trade area. The higher-income demographic supports rate integrity and consistent demand from corporate and relocation travelers.
- Proven Demand Corridor: The site is located within the U.S. Highway 84 corridor near State Highway 6. Key demand drivers include several large companies, major regional hospitals, and Baylor-related spillover.
Informations sur l’immeuble
| Prix | 862 870 € | Sous-type de bien | Terrain commercial |
| Type de vente | Investissement | Usage proposé | |
| Nb de lots | 1 | Surface totale du lot | 0,62 ha |
| Type de bien | Terrain | ||
| Zonage | C-1 Commerical | ||
| Prix | 862 870 € |
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Usage proposé | |
| Surface totale du lot | 0,62 ha |
| Zonage | C-1 Commerical |
1 Lot disponible
Lot
| Prix | 862 870 € | Surface du lot | 0,62 ha |
| Prix par ha | 1 384 544,25 € |
| Prix | 862 870 € |
| Prix par ha | 1 384 544,25 € |
| Surface du lot | 0,62 ha |
Address: 6890 Woodway Dr, Woodway, TX 76712 Property ID: 412831 Size: 1.54 Acres (67,082 SF) Zoning: C-1 Commercial
Description
This offering presents the opportunity to acquire the 1.54-acre development site and a secured InterContinental Hotels Group (IHG) franchise agreement for the development of a 92-key Candlewood Suites hotel. The site benefits from a highly visible location off U.S. Highway 84 in the affluent Woodway submarket, steps from retail and dining along the Colonnade Parkway commercial 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.
Présenté par
Candlewood Suites by IHG Development Project | 6890 Woodway dr
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