Development Site and Franchise Rights

• This opportunity includes both the approved development site and the secured Hilton franchise rights to support a dual‑branded, 159-key Home2 Suites/Tru by Hilton project.

Excellent Location Off U.S. Highway 84

• The site is located just off U.S. Highway 84 in the affluent Woodway submarket, steps from retail and dining along the Colonnade Parkway commercial corridor.

Operational Scale and Back-of-House Efficiencies

• The 159-key, dual-branded format enables shared staffing, laundry, maintenance, and management, reducing per-key operating costs and enhancing net operating income (NOI).

High-Income Trade Area with Resilient Rate Fundamentals 

• Situated within the well-established Woodway market, the area’s affluent household incomes and healthy commercial environment reinforce rate integrity and help sustain year‑round corporate and leisure lodging demand.

Major Corporate Employers & Demand Generators

• Nearby companies and entities that generate lodging demand include L3Harris, SpaceX McGregor, Caterpillar, Baylor University, and major regional hospitals.

Convenient Access to Waco's Leading Leisure Destinations

• The site is proximate to local attractions and minutes from Magnolia Market at the Silos, the Baylor Sports Complex, and the Downtown Warehouse District.

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.