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Lender Directed Auction
54 Room Hotel Value-Add Opportunity
Closest Hotel to Fort Hood Military Base
Sealed Bid Deadline: March 27
|This 54-room hotel for sale was previously flagged as a Drury Inn, and then Quality Inn & Suites, and became an independent brand, AMCO Suites, upon acquisition by the owner. It is strategically positioned as the closest hotel to Fort Hood army base, the largest active duty armored post in the United States Armed Services, which maintains its own population of 54,000. Other area attractions in the surrounding City of Killeen, Texas include
University of Maryland, St. Mary's University, Texas A&M University Central Texas. The property features spacious rooms, averaging almost 600 square feet each, which were newly remodeled in 2013. Room layouts include Standard King Bed, Standard 2 Queen-Beds, King Suite (smoking and non-smoking), King Suite (handicap equipped), 2-Queen Bed Suite, 2-Queen Bed Suite (handicap equipped). This is a prime value-add opportunity for an owner-operator or seasoned investor. Ownership has been absent since acquiring the property in 2012 and struggled with management turnover. Limited financial information and other due diligence material is available for download.|
The property is off of I-190 and N Fort Hood Street, three miles from Fort Hood and eight miles from Killeen/Fort Hood Regional Airport.
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|Sealed Bid Deadline||March 27th|
|Lot Size||1.38 ac|
|Amenities||Pool, Guest Laundry Facility|