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29918256

900 S 11th St, Waco, TX 76706 For Sale

SZ
TX 653171
Beam Real Estate
Listed by Beam Real Estate
$14,950,000
Updated 34 days ago

Aloft Hotel

Details
Property Type Hospitality
Sub Type Hotel
Acreage 0.740

Premium Hotel in Texas For Sale

Marketing description

Premium Marriott Flag Hotel For Sale in Texas

Add- 900 S. 11st Street., Waco, TX 76706

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


Listing Contacts

SZ
TX 653171
Beam Real Estate
Listed by Beam Real Estate

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