Aloft Waco
Ownership has elected to market this high-quality hospitality asset, providing investors with the opportunity to acquire a modern Marriott-branded hotel positioned for continued operational growth.
Aloft Waco Marriott Hotel For Sale in Waco, Texas – $13.8 Million
Business Name
Aloft Waco
Industry
Website
Address
Country: United States
Address Line 1: 900 South 11th Street
Address Line 2:
City: Waco
State: Texas
ZIP Code: 76706
Years in Business
5 (Opened October 2020)
Business For Sale
Sales Price
$13,800,000
Describe Your Business
The Aloft Waco is a 115-room Marriott-branded select-service hotel located in the heart of Downtown Waco, Texas, one of the Southwest's fastest-growing hospitality markets. Developed under Marriott's modern Aloft Gen 3.0 prototype, the hotel delivers institutional-quality construction, contemporary guest amenities, and strong brand recognition through the Marriott Bonvoy loyalty platform.
Strategically positioned less than one mile from Baylor University and within walking distance of Magnolia Market at the Silos, the property benefits from consistent demand generated by higher education, tourism, sporting events, healthcare, corporate travel, and ongoing downtown redevelopment.
Current operating metrics include:
115 guestrooms
Approximately 65% occupancy
Average Daily Rate (ADR): $113
Revenue Per Available Room (RevPAR): $73
Debt Service Coverage Ratio (DSCR): 1.26
Asking price of $13.8 million
Approximately $120,000 per key
The investment is offered substantially below current replacement cost, providing buyers with immediate operating cash flow while avoiding entitlement risk, construction delays, and lease-up uncertainty associated with new hotel development.
Nearby demand generators include:
Baylor University
Magnolia Market at the Silos
Waco Convention Center
Ascension Providence Hospital
Baylor Scott & White Medical Center
SpaceX McGregor
Downtown Waco
Interstate 35 corridor
For investors searching for Marriott hotels for sale, Texas hotels for sale, hospitality investment opportunities, commercial real estate investments, income-producing hotels, hotel acquisitions, or hotel businesses for sale, the Aloft Waco represents an exceptional institutional-quality opportunity.
Why Are You Selling?
Ownership has elected to market this high-quality hospitality asset, providing investors with the opportunity to acquire a modern Marriott-branded hotel positioned for continued operational growth.
The property's value-add opportunity centers around increasing occupancy, improving ADR, optimizing food and beverage operations, expanding corporate accounts, and leveraging Marriott Bonvoy's global reservation system. Management projects meaningful EBITDA and NOI growth through disciplined revenue management and operational improvements rather than relying solely on market-wide rate increases.
Long-term demand continues to strengthen due to more than $5 billion in active development projects throughout McLennan County, including:
Hunt Development's downtown redevelopment
Baylor University expansion
SpaceX McGregor operations
Electrolit USA manufacturing facility
Graphic Packaging investment
Texas Department of Transportation infrastructure projects
These projects are expected to generate thousands of construction jobs, permanent employment opportunities, and increased business travel while complementing Waco's thriving tourism industry.
Qualified buyers utilizing commercial hotel acquisition financing, hospitality bridge loans, CMBS financing, institutional investment, family office capital, private equity, commercial real estate lending, hotel portfolio financing, or 1031 exchange proceeds are encouraged to inquire.
How Will the Funds be Used?
As this is a hotel acquisition opportunity, financing may be utilized for:
Hotel acquisition financing
Commercial mortgage financing
Hospitality bridge financing
CMBS financing
Marriott Property Improvement Plan (PIP) reserves
Revenue management optimization
Food & beverage enhancements
Technology modernization
Guest experience improvements
FF&E upgrades
Working capital
Digital marketing
AI-powered hotel pricing systems
Energy efficiency improvements
Hospitality portfolio expansion
Commercial refinancing
Following acquisition, ownership has the opportunity to increase occupancy, ADR, RevPAR, EBITDA, NOI, and overall asset value while benefiting from continued economic expansion throughout the Waco market.
Annual Revenue
Not Publicly Disclosed
Timeline
Immediately
Primary Contact
First Name: Majid
Last Name: Radaei
Email: majid@radcre.com
Phone: (818) 334-2111
Link
Notes
RAD Commercial Realty exclusively represents this investment opportunity. Qualified investors may obtain financial statements, underwriting assumptions, market reports, franchise documentation, and additional due diligence materials upon execution of a Non-Disclosure Agreement (NDA).
Interested in this opportunity? Inquire about it directly.
Complete the form below to request additional information. We'll review your inquiry and connect you with the business when appropriate.