- Development Site and Franchise Rights: This offering presents the opportunity to acquire the pad-ready development site and a secured InterContinental Hotels Group (IHG) franchise agreement for the development of a Candlewood Suites hotel. - 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.