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803 Central Texas Expy Killeen, TX 76541

132-Key Hotel, Distressed Sale

Overview

Added:
Dec 11, 2024
Days on market:
136
This six-story, 132-key hotel in Killeen, Texas presents a compelling redevelopment opportunity. Located at 803 W Central Texas Expy, 76541, this concrete and block structure boasts excellent visibility from Interstate 14 and Central Texas Expressway. Originally built in 1984, the hotel features 116 standard rooms and 16 suites, all non-smoking. Its prime location offers easy access to major employers including Fort Cavazos, Darnall Army Medical Center, and Killeen Independent School District, as well as leisure attractions like the 1st Cavalry Division Museum and Killeen Mall. The property's strategic positioning caters to both business and leisure travelers, benefiting from proximity to Killeen-Fort Cavazos Regional Airport (GRK). Franchise approvals are in place, and pre-approved plans are available for a seamless transition. This distressed sale offers significant potential for investors seeking to capitalize on the thriving Killeen hospitality market. The property's strong location and existing infrastructure provide a solid foundation for a successful hotel redevelopment project. This is a unique chance to acquire a substantial hotel property in a rapidly growing area with high demand for hospitality services.

Highlights

  • Excellent visibility from I-14 and Central Texas Expressway.
  • Six-story, 132-key hotel in Killeen, TX, built in 1984.
  • Prime location near Fort Cavazos, Darnall Army Medical Center, and Killeen-Fort Cavazos Regional Airport (GRK).
  • Strong location benefits both business and leisure travelers, with proximity to major employers and attractions.
  • Distressed sale offering significant redevelopment potential with pre-approved plans and franchise approvals in place.

Property Details for 803 Central Texas Expy

Property type
Hospitality properties, Hotels
Stories
6

Location Insight

City
Killeen
County
Bell
State
Texas
Latitude
31.095501063076
Longitude
-97.733191005971

FAQs

What type of property is this?
Hospitality property - 132-Key Hotel, Distressed Sale
Where is the hospitality property located?
The property is located at 803 Central Texas Expy Killeen, TX.
What are key features of this property?
This property features: Excellent visibility from I-14 and Central Texas Expressway.; Six-story, 132-key hotel in Killeen, TX, built in 1984.; Prime location near Fort Cavazos, Darnall Army Medical Center, and Killeen-Fort Cavazos Regional Airport (GRK).
How can I contact the broker?
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803 Central Texas Expy
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