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918 10th st - Staybridge Suites by IHG Development Project Lot • Terrain commercial • 1,43 Acres • 2 909 004 $ CAD • Waco, TX 76706
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Faits saillants de 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 de l'annonce
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.
Faits sur la propriété
| Prix | 2 909 004 $ CAD | Type de propriété | Terrain |
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Nombre de lots | 1 | Taille totale du lot | 1,43 AC |
| Zonage | C-2 Community Commercial | ||
| Prix | 2 909 004 $ CAD |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Taille totale du lot | 1,43 AC |
| Zonage | C-2 Community Commercial |
1 Lot disponible
Lot
| Prix | 2 909 004 $ CAD | Taille du lot | 1,43 AC |
| Prix par AC | 2 034 268,47 $ CAD |
| Prix | 2 909 004 $ CAD |
| Prix par AC | 2 034 268,47 $ CAD |
| Taille du lot | 1,43 AC |
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.
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918 10th st - Staybridge Suites by IHG Development Project
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