2408 Market Place Dr Waco, TX 76711
Property Features for 2408 Market Place Dr
General Information
- Size
- 43,267 SF
Building Details
- Year built
- 2020
Source:
Hilcorealestatesales
Listing Agent: Keith Worsham
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Tru by Hilton Hotel Opportunity
This is an opportunity to become a new Hilton franchisee or expand an existing relationship with Hilton through the acquisition of a Tru by Hilton property. The 4-story hotel features 98 rooms and is situated on approximately 2.7 acres. The hotel includes a large, modern lobby with limited food and beverage options, two elevators, and interior corridors. Guest amenities include a fitness room, game zone, lobby workstations, and a guest laundry room. Stabilized projections include a total revenue of $3,574,022, an occupancy rate of 74%, an ADR of $133.87, and a RevPAR of $99.07.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Tru by Hilton ...
Hotel
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.1589626
- Latitude
- 31.5008375
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - 98-room, 4-story Tru by Hilton on 2.7 acres.
Where is this hotel located?
The property is located at 2408 Market Place Dr Waco, TX.
What are key features of this property?
This property features: - Stabilized projections show strong financial performance: $3,574,022 total revenue, 74% occupancy, $133.87 ADR, and $99.07 RevPAR.; - Opportunity to become a new Hilton franchisee or expand an existing relationship with Hilton.; - Relatively new construction: Built in 2020.