Property Overview
*Revised metrics - $2.3M 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
*Closest mid-scale hotel to new $6B dollar Refinery breaking ground in late 2024
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 months. Starting in late 2024 over 1,250 new jobs will be created within a 10 minute drive of the hotel when construction begins on the first new refinery in the United States in three decades.
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 |