Former OYO Hotel

Avison Young, as the exclusive agent, is pleased to offer the Former OYO Hotel (hereinafter “Property” or “Hotel”), a full-service hotel redevelopment opportunity located at 803 East Central Texas Expressway in Killeen, TX. The Property has been approved by multiple franchises and the PIP’s are available. This Property presents an excellent opportunity for an investor to develop their own hotel and achieve success in the thriving Killeen hospitality marketThe Property is easily accessible with excellent visibility from Interstate 14 and the Central Texas Expressway, situated a few miles from Darnall Army Medical Center, Fort Cavazos main gate, and approximately eight miles from Killeen-Fort Cavazos Regional Airport (GRK). The Hotel is ideally located for both business and leisure travelers, near tourist attractions such as the 1st Cavalry Division Museum, The Third Cavalry Museum, Great Escape of Central Texas, The Lions Club Aquatics Park, Killeen Mall, and more. Large area employers near the Property include the III Armored Corps & Fort Cavazos, Killeen Independent School District, Central Texas College, AdventHealth Central Texas, City of Killeen, Teleperformance, Baylor Scott & White Clinic-Killeen, Seton Medical Center Harker Heights, Texas A&M University-Central Texas, and others. The Property is a six-story concrete and block structure, interior corridor Hotel which first opened in 1984. The current room layout of the Property offers 116 standard rooms and 16 Suites for a total of 132 non-smoking guestrooms.