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Central TX Hotel Portfolio Trades

By Tony Seruga

A joint venture purchased the Holiday Inn Express & Suites and the TownePlace Suites in Waco, Texas. Marcus & Millichap represented the seller and procured the buyer.

A joint venture between Atlantic Hotels Group and Civitas Capital Group acquired the 120-room Holiday Inn Express & Suites and the 93-room TownePlace Suites in Waco, Texas. Supreme Bright Waco II LLC and Waco Lodging LLC sold the two-building portfolio.

Holiday Inn Express & Suites Waco South is located at 5701 Legend Lake Parkway, just off Texas State Highway Loop 340. The four-story hotel sits 12 miles from the Waco Regional Airport. The asset features a business center, fitness center and indoor swimming pool. TownePlace Suites Waco South is located at 5621 Legend Lake Parkway, next to the Holiday Inn Express & Suites. The four-story property features a fitness center and outdoor swimming pool…

Central TX Hotel Portfolio Trades

Categories : Commercial Real Estate

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