700 E Central Texas Expy | Killeen, TX 76541
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700 E Central Texas Expy
Killeen, TX 76541
Sleep Inn & Suites Near Fort Cavazos · Hospitality Property For Sale · 36,191 SF
Investment Highlights
- All Offers will be Reviewed and Final Offer will be Selected on Friday, June 24th, 2022
- PIP completed March 2019
- Priced at an Attractive 2.77 Room Revenue Multiplier and 10.39 Percent Cap Rate at $67,500 Per Key
- Three-Story, 80-Room, Midscale Hotel Built in 2006
- Located 60 Miles from Austin & Waco
- Excellent Location Near Fort Hood Military Base, Metroplex Hospital, Central Texas College, and Texas A&M University – Central Texas
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 2006/2019 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.44 AC | Parking Ratio | 1.85/1,000 SF |
| Building Size | 36,191 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.44 AC |
| Building Size | 36,191 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2006/2019 |
| Tenancy | Single |
| Parking Ratio | 1.85/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 700 E Central Texas Expy , Killeen, TX 76541
The Sleep Inn & Suites Killeen is an 80-room, Choice Hotels International, Inc-branded hotel and in March 2019 renovated to the Design to Dream property improvement plan (PIP). Each room features a flat-screen television, ergonomic chair with desk, sitting area, refrigerator, microwave, and select rooms include a two-person sofabed. The common areas feature a breakfast area, lobby, exercise facility, business center, and laundry facility.
PROPERTY TAXES
| Parcel Number | 367810 | Improvements Assessment | $4,196,844 |
| Land Assessment | $568,386 | Total Assessment | $4,765,230 |
PROPERTY TAXES
Parcel Number
367810
Land Assessment
$568,386
Improvements Assessment
$4,196,844
Total Assessment
$4,765,230
zoning
| Zoning Code | F1 |
| F1 |
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