? 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.