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Informations principales sur l'investissement

  • The offering: acquire the development site, building plans, and a secured IHG franchise agreement for the development of a Staybridge Suites hotel.
  • The brand benefits from IHG One Rewards’ 100M+ member base and commands ADR premiums over midscale, extended-stay competitors.
  • Major demand drivers: Baylor University, Baylor Scott & White Medical Center, L3Harris Technologies, and SpaceX's McGregor manufacturing facility.
  • Staybridge Suites by IHG hotels provide evening receptions, a 24/7 pantry, and home-like amenities, which are popular with guests.
  • The site is situated near Baylor University and within walking distance of the Magnolia Market/Silos tourism district, proximate to the I-35 corridor.

Résumé analytique

Development Site and Franchise Rights:
This offering presents the opportunity to acquire the pad-ready development site, fully completed building plans, and a secured InterContinental Hotels Group (IHG) franchise agreement for the development of a Staybridge Suites hotel.
IHG Upscale Extended-Stay Brand:
Staybridge Suites by IHG hotels provide evening receptions, a 24/7 pantry, and home-like amenities, which are popular with guests. The brand benefits from IHG One Rewards’ 100M+ member base and commands ADR premiums over midscale, extended-stay competitors.
Exceptional Downtown Waco Location:
The site is situated near Baylor University and within walking distance of the Magnolia Market/Silos tourism district, proximate to the Interstate 35 corridor.
Strong Multi-Segment Demand Base:
Major demand drivers include Baylor University, Baylor Scott & White Medical Center, L3Harris Technologies, and SpaceX's McGregor manufacturing facility. Downtown revitalization investment further supports extended-stay demand growth.
Key Leisure Attractions:
The property is proximate to local attractions and walking distance from Magnolia Market at the Silos, the Baylor Sports Complex, and the Downtown Warehouse District.

Informations sur l’immeuble

Prix 1 812 027 €
Type de vente Investissement
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Surface totale du lot 0,58 ha
Zonage C-2 Community Commercial

1 Lot disponible

Lot

Prix 1 812 027 €
Prix par ha 3 131 200,08 €
Surface du lot 0,58 ha

Address: 918 South 10th Street Waco, Texas 76706 Property ID: 414804 Size: 1.43 Acres (62,247 SF) Zoning: C-2 Community Commercial District

Description

This offering presents the opportunity to acquire the pad-ready development site, fully completed building plans, and a secured InterContinental Hotels Group (IHG) franchise agreement for the development of a Staybridge Suites hotel. The site is situated near Baylor University and within walking distance of the Magnolia Market/Silos tourism district, proximate to the Interstate 35 corridor. Major demand drivers include Baylor University, Baylor Scott & White Medical Center, L3Harris Technologies, and SpaceX's McGregor manufacturing facility. Downtown revitalization investment further supports extended-stay demand growth. The property is proximate to local attractions and walking distance from Magnolia Market at the Silos, the Baylor Sports Complex, and the Downtown Warehouse District.

Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
  • ID de l’annonce: 39887154

  • Date de mise sur le marché: 24/03/2026

  • Dernière mise à jour:

  • Adresse: 918 10th st, Waco, TX 76706

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