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900 S 11Th St Waco, TX 76706

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For Sale
$14,950,000

Premium Marriott hotel for sale in a growing Texas town.

Property Features for 900 S 11Th St

General Information

Standard status
Active

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Listing Contact
Shehzad Ziauddin
Source: Crexi

Listing Agency: Beam Real Estate Listing Agent: Shehzad Ziauddin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Premium Hotel in Growing Texas Town

This premium Marriott flag hotel, built from the ground up in October 2020, is available for sale. Situated on 2 acres of land, the property is located across the highway from a prominent college in a growing Texas town. The 115-room hotel began operations during the peak of the Covid season, which initially impacted revenue growth. Revenues were $3.6 million in 2021, $4.3 million in 2022, $3.68 million in 2023, and $3.3 million in 2024. The trailing twelve-month revenue through April 2025 is $2.95 million. The current owners became increasingly occupied with other out-of-state projects at the end of 2022, leading to decreased attention to the business. The property is currently mismanaged, resulting in unnecessarily high expenses on the profit and loss statement. A new owner could potentially manage the hotel independently for improved profitability.
Location Intelligence

Current Use by Public Records

Aloft Waco Downtown Hotel & Motel ATM (ATM Link, ... Atm

Suggested Use

Real Estate Agency Spa & Massage Center Dental Office Law Firm Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Waco
County
McLennan
State
Texas
Longitude
-97.1439672
Latitude
31.5573682

FAQs

What type of property is this?
Hotel - Premium Marriott hotel for sale in a growing Texas town.
Where is this hotel located?
The property is located at 900 S 11Th St Waco, TX.
What is the asking price?
The asking price for this property is $14,950,000.
What are key features of this property?
This property features: - Brand new Marriott Flag premium hotel built in October 2020.; - Premium location on 2 acres across the highway from a famous college in a growing Texas town.; - 115-room hotel.
More about this property
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