900 S 11th St - Hospitality FOR SALE


Waco, TX 76706- Downtown Waco
$14,950,000 USD
945-267-3107
900 S 11th St, Waco, TX for Sale
$14,950,000 USD
Hospitality - FOR SALE
1/41
null | Request Cap Rate

900 S 11th St
Waco, TX 76706
Downtown Waco


OVERVIEW

Premium Marriott Flag Hotel For Sale in Texas Brand New Ground Up Built in October 2020 Marriott Flag Premium Hotel For Sale 2 Acre Land on Premium land Across from Highway from a Famous College in a Growing Town of Texas 115 Room Hotel Hotel Started Operations During peak Covid Season so took some time to Ramp up Revenues 2021 Revenues : $3.6 Million 2022 Revenues : $4.3 Million 2023 Revenues : $3.68 Million 2024 Revenues : $3.3 Million TTM April 2025 : $2.95 Million Owners become too busy end of 2022 with multiple other out of state projects and thus started paying less and less attention to Business this year Mismanaged by ownership. Current owner Expenses on P&L are unnecessarily High - New owner can manage hotel on their own for much better Profitability. Asking Price With Real Estate : $14.95 Million

FOR SALE DETAILS

PRICE

$14,950,000 USD

PRICE/SF

$254 USD /SF

# OF ROOMS

115

PRICE/ROOM

$130,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Aloft by Marriott Waco Downtown

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2019

PARKING SPACES

97

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

CD-2

APN/PARCEL ID

48-009314-000200-0

ASK ABOUT THIS PROPERTY

Shehzad BhayaniBhayani Real Estate GroupMore Info
945-267-3107

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Shehzad BhayaniBhayani Real Estate GroupMore Info
945-267-3107

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.