800 Central Texas ExpyKilleen, TX 76541

  • Commercial real estate
  • 28,224 SF
For Sale
$3,900,000 View listing

Property Details for 800 Central Texas Expy

Year built
2000
Lot size
1.72 AC
Property size (Sq ft)
28,224 SF
Property type
Commercial real estate
APN
205428
APU
205428

Description

This exceptional 82-room Motel 6 in Killeen, Texas, presents a lucrative investment opportunity. Strategically located off US Highway 90, just two miles from Fort Hood and the Killeen Mall, this property enjoys high visibility and convenient access to a substantial customer base. The motel boasts a strong annual revenue of $1.05 million, demonstrating consistent profitability. Guest amenities include free Wi-Fi in all modern rooms, a coin laundry facility, a 24-hour front desk, coffee/tea in a common area, and RV/bus/truck parking. Each of the 82 rooms features free Wi-Fi, flat-screen TVs with cable channels, free local calls, hair dryers, and showers. The property is smoke-free and offers daily housekeeping. This well-maintained hotel presents a compelling investment opportunity with significant potential for future growth, given its prime location and established operational success. The asking price is $3,900,000. Financial details are available upon request. This is a turnkey operation ready for a new owner to step in and continue the success. The property is located at 800 E Central Texas Expy, Killeen, TX 76541.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,820,957
    Hospitality
    $7,163,954
    Educational
    $5,960,326
    Medical
    $6,165,311
    Retail
    $9,271,618

Location Insight

City
Killeen
County
Bell
State
Texas
Latitude
31.0944
Longitude
-97.7354
CBSA code
28660
CBSA name
KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70,040
$666,842
$2,902,790
$3,569,632
-
$666,842
$2,902,790
$3,569,632

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