Hyatt Place
5400 Bagby Ave Waco TX 76711
List Price
4.38 %
Cap Rate
Total Rooms
Investment Overview
  • Mazili Hotel Group is pleased to offer qualified investors the fee-simple interest in the premium branded Hyatt Place Waco-south. The Hyatt Place is an excellent Investment opportunity in a fast-growing Waco & Killeen market. So many travelers make Hyatt Place Waco-south their hotel of choice when visiting Waco. Providing an ideal mix of value, comfort and convenience, it offers a family-friendly setting with an array of amenities designed for travelers. 
Property Overview
  • The asset was newly built in 2019. It features 96 rooms. Each room decorated in clean, neutral colors and with furnished indoor pool and Patio. Hyatt Place Waco south is few minutes' walk from the retailers and restaurants of Central Texas Marketplace with free WiFi access. All recently refreshed guest rooms feature plush Hyatt Grand Bed, state-of-the-art media and work centers, flat HDTV, and Cozy Corner Sofa Sleeper. The private bathroom come equipped with a hairdryer and free toiletries. A concierge service and 24-hour desk are offered at the Hyatt Place Waco-south. A business center and a fitness center are also provided.
  • Hyatt Hotel Corporation Affiliation: Hyatt Place brand is one of the strongest brands in Hyatt Hotels. Hyatt Hotel Corporation is a worldwide hospitality company that oversees over a dozen brands. Overall, Hyatt’s portfolio contains over 800 properties in more than 50 countries across the globe. Hyatt’s major strategic push in recent years has been toward an “asset light” approach of franchising or managing hotels rather than owning the buildings and underlying real estate directly. This means that Hyatt’s success is increasingly dependent on its ability to effectively support its local franchisees and hotel developers through an advanced technology suite, differentiated customer loyalty program, strong brand recognition, and pricing power in working with booking partners as well as in the sourcing of food and beverage supplies.
  • Management and Debt: The Asset is being offered unencumbered of current management and debt.
Excellent Location
  • Hyatt Place Waco is within five miles of downtown shopping, museums, and the Baylor University campus. At Hyatt Place Waco – South, you’ll also stay steps from the restaurants and retailers clustered around Central Texas Marketplace, just off I-35.
Julian Mazili
(813) 299-7045
Jeanne Blomster
Managing Director
(210) 559-2909