Property Overview
*Revised metrics - $2.36M YE 2023 / 10.1% CAP rate / 3.9X room revenue
*Newer built prototype hotel with Hilton affiliation in very good condition
*Located immediately on I-44 & OK-99 with a traffic count of over 30,000 per day
*Halfway point between Oklahoma City and Tulsa
*Home to Stroud Terminal servicing Cushing Oklahoma, largest U.S. oil storage facility
*Close proximity Interstate / Petro Industry / Casino Demand Generators
The six year old Hampton Inn & Suites is a 86 room, 4-story interior corridor hotel with an excellent location both in terms of access and location as well as tremendous economic growth and impact in coming years.
Located just a minutes from the One of the largest Petroleum storage facilties in the U.S. Stroud terminal is a crude oil destination terminal located on 76-acres in Stroud, Oklahoma, near the Cushing storage hub. The terminal includes unit train-capable unloading capacity of approximately 60,000 barrels per day. Inbound product is delivered by the Stillwater Central Rail, which handles deliveries from both the BNSF and the Union Pacific railways. Outbound shipments of crude oil are delivered via our 17-mile SCT Pipeline from the Stroud terminal to the Cushing storage hub. The Stroud terminal provides Western Canadian heavy barrels with access to multiple large, liquid markets, including the Gulf Coast.
In addition Stroud has significant leisure demand generators including the SAC & FOX NATION CASINO, Historic Route 66 and a number of vineyards. Stroud was designated Oklahoma's “Winery and Grape Capital.” An annual celebration of this agri-tourism industry is held every June with “Stroud's Historical Route 66 Wine and Food Festival” hosted by the Stroud Chamber of Commerce and the Grand River Dam Authority.
This investment class asset has tremendous long term potential for a owner seeking steady, maximum income streams. Priced significantly below replacement.
Property Highlights
Asking Price | Call Broker for Price |
Location | Off historic Route 66 and Interstate 44 |
Property Description | Limited Service |
Number of Rooms | 86 |
Major Source of Business | Business, Traveler, Transient, Corporate & Retail |
Site Size | +/- 2.13 |
Year Built |
2017 |
Last Year Renovated |
2023 |
Common Area Amenities | Breakfast area, business center, fitness room, indoor pool, meeting rooms, guest coin laundry & free WiFi |