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INVESTMENT HIGHLIGHTS
- 4 Story, Interior Corridor, Built in 2006, 160 Rooms - All Suites
- High Quality Asset and Excellent Rebranding Opportunity
- Top Rated Hotel on Tripadvisor Out of 34 Hotels in Killeen
- Spacious Rooms Over 400 (+/-) Sq. Ft., 82 Rooms with Full Kitchens for Extended Stay Guests
- Significant Upside Opportunity for New Ownership - Currently Performing at 50% RevPAR Index (Dec 2024 STR)
- 75-Minute Drive to Austin, TX, Just Over 2 Hours to Dallas, Located Near One of the Largest Military Bases in the Country
EXECUTIVE SUMMARY
The Shilo Inn Killeen is a 160 room all-suite hotel, located in central Texas, 75 minutes north of Austin. The guestrooms are spacious (over 400 SF) and 82 rooms feature full kitchens (stove, oven, microwave, full-size refrigerator, sink) to accommodate extended stay guests. The hotel features many upscale amenities including 11 meeting rooms that total approximately 7,000 (+/-) sq. ft. of meeting space, an onsite restaurant and bar (leased to a 3rd party), indoor pool and spa, sauna, steam room, and fitness center.
This high quality asset is an excellent rebranding opportunity with significant upside potential for new ownership. Currently, the hotel is performing at a 50% RevPAR Index (Dec 2024 STR report) providing opportunity to capture a greater share of the market. The hotel is the #1 ranked hotel on Tripadvisor out of 34 hotels in Killeen.
Killeen is home to one of the largest military bases in the country, Ft. Cavazos (formerly Ft. Hood) and the hotel benefits from many guests attending training programs at the base, as well as friends and family of military personnel coming to visit. The hotel also benefits from being next door to the Killeen Civic and Conference Center which hosts a variety of events throughout the year including conferences and weddings.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. Additional information can be provided upon executing a confidentiality agreement. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
**** Offer Submission Deadline: Wednesday, May 7, 2025 ****
This high quality asset is an excellent rebranding opportunity with significant upside potential for new ownership. Currently, the hotel is performing at a 50% RevPAR Index (Dec 2024 STR report) providing opportunity to capture a greater share of the market. The hotel is the #1 ranked hotel on Tripadvisor out of 34 hotels in Killeen.
Killeen is home to one of the largest military bases in the country, Ft. Cavazos (formerly Ft. Hood) and the hotel benefits from many guests attending training programs at the base, as well as friends and family of military personnel coming to visit. The hotel also benefits from being next door to the Killeen Civic and Conference Center which hosts a variety of events throughout the year including conferences and weddings.
Interested buyers are invited to contact us if you have further interest in this opportunity, would like to visit the property, or submit an offer. Additional information can be provided upon executing a confidentiality agreement. All property visits are by appointment only. Please do not contact the hotel or speak with the staff.
**** Offer Submission Deadline: Wednesday, May 7, 2025 ****
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 160 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2006 |
| Building Class | B | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 5.69 AC | Corridor | Interior |
| Building Size | 132,478 SF | ||
| Zoning | F1 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.69 AC |
| Building Size | 132,478 SF |
| No. Rooms | 160 |
| No. Stories | 4 |
| Year Built | 2006 |
| Parking Ratio | 2.05/1,000 SF |
| Corridor | Interior |
| Zoning | F1 |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 160 | $296.37 CAD | - |
1 1
PROPERTY TAXES
| Parcel Number | 384969 | Improvements Assessment | $8,711,689 CAD |
| Land Assessment | $1,280,670 CAD | Total Assessment | $9,992,359 CAD |
PROPERTY TAXES
Parcel Number
384969
Land Assessment
$1,280,670 CAD
Improvements Assessment
$8,711,689 CAD
Total Assessment
$9,992,359 CAD
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Shilo Inns Killeen | 3701 S WS Young Dr
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