This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Hampton Inn Waco North | Baylor University 4259 Interstate 35 N
118 Hotel Rooms Online Auction Sale Waco, TX 76705
Investment Highlights
- Take advantage of the opportunity to acquire Hampton Inn Waco, a 118-key Hilton-branded hospitality asset in Waco, Texas.
- New ownership has the opportunity to capitalize on the hotel’s existing revenue stream and strong market performance.
- Hampton Inn Waco’s premier location garners significant transient demand from travelers passing between Dallas-Fort Worth, Austin, and beyond.
- The Hilton brand is one of the largest hotel companies in the world, boasting approximately 190 million loyalty reward members.
- Upside existing through revamping hotel operations, implementing cost control initiatives, and employing aggressive sales strategies.
- Baylor University, home to over 20,000 students and Division I football, sits less than 10 minutes away and brings significant hotel demand annually.
Executive Summary
Hampton Inn Waco is an ideal investment opportunity with immense future upside. Offered unencumbered by management, a new owner has the ability to increase revenue through hands-on operating initiatives and cost-reduction strategies. The Hampton Inn brand provides new ownership with industry-leading performance and a loyal guest population.
Positioned within the Waco and Killeen Submarket, Hampton Inn Waco benefits from stable market trends across the hospitality sector. This large submarket contains around 12,000 rooms spread across 168 properties. The area’s central location between the Dallas-Fort Worth Metroplex and Austin gives it a strong presence amongst regional and national travelers. In the past 12 months, monthly occupancy has average 62.5%, which comes in well-above the market average of 57.8%. With virtually no comparable assets on the market in the larger region, Hampton Inn Waco presents investors with a rare opportunity to acquire a valuable hospitality asset.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
- PIP
Property Facts
| Sale Type | Investment | Building Size | 68,942 SF |
| Sale Conditions | Auction Sale | No. Rooms | 118 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2018 |
| Building Class | B | Parking Ratio | 1.62/1,000 SF |
| Lot Size | 2.13 AC | Corridor | Interior |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.13 AC |
| Building Size | 68,942 SF |
| No. Rooms | 118 |
| No. Stories | 4 |
| Year Built/Renovated | 1997/2018 |
| Parking Ratio | 1.62/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Outdoor Pool
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 40 | $204.00 | - |
| Guest Room | 78 | $189.00 | - |
About Waco & Killeen
Located midway between Austin and the Dallas-Fort Worth metro, this region in Central Texas is easily accessed from either city by Interstate 35. Air service is available through two regional airports, Waco Regional Airport and Killeen-Fort Hood Regional Airport, and via the international airports in Austin and Dallas.
Key drivers of lodging demand include Fort Hood and Baylor University. Fort Hood, near Killeen, Texas, is one of the largest military installations in the world, with approximately 40,000 active-duty soldiers.
Baylor University, in Waco, Texas, has approximately 20,000 students and draws visitors to the area for parents’ weekend, homecoming, and athletic events such as Baylor football games that average about 45,000 attendees.
Popular tourist attractions in the area include the Texas Ranger Hall of Fame and Museum, which traces the history of the state law enforcement agency and displays vintage badges and weapons. The Dr. Pepper Museum is located within a historic 1906 bottling building in downtown Waco and pays homage to the famed beverage invented locally more than 100 years ago. The Waco Mammoth National Monument is a paleontological site and museum where fossils of 24 Columbian mammoths and other mammals from the Pleistocene Epoch have been uncovered.
Visitors are also drawn by the area’s many outdoor activities. Lake Waco offers hiking along trails at Lake Waco Wetlands and the Lake Waco Dam, and fishing, boating, and swimming at the five parks along Lake Waco’s shoreline. Belton Lake and Stillhouse Hollow Lake, near Killeen, also offer fantastic venues for swimming, fishing, boating, and camping.
PROPERTY TAXES
| Parcel Number | 28-020300-000100-2 | Improvements Assessment | $6,771,700 |
| Land Assessment | $1,002,050 | Total Assessment | $7,773,750 |
PROPERTY TAXES
zoning
| Zoning Code | C1 |
| C1 |
Sale Advisor
Sale Advisor
Jatin Jariwala, Senior Associate Broker
Honesty and integrity have been the guiding principles in Jatin’s career as a Broker. His background as a business owner for several business ventures has given his real estate business a high level of experience, leadership and professionalism.
If you are planning on buying or selling contact Jatin for a personalized customer care experience. Jatin takes pride in servicing his clients by delivering exceptional service and establishing lifelong relationships.
About the Auction Platform
Auction Contact
Presented by
Hampton Inn Waco North | Baylor University | 4259 Interstate 35 N
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Presented by
Hampton Inn Waco North | Baylor University | 4259 Interstate 35 N
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.