Property Overview
MAJOR PRICE REDUCTION | LENDER-DIRECTED SALE |
POTENTIAL SHORT SALE
Highlights:
• Excellent Visibility and Elevation on I-35 & US 64 / FANTASTIC LOCATION
• Major Economic Expansion Nearby
• Ideally Located Near Key Casino, Manufacturing, and Distribution Hubs
• Robust demand growth is a near certainty.
• 62 Rooms (including 22 Suites)
This price reduced Comfort Inn & Suites located in Perry, Oklahoma was built in 2010 and is a newer prototype. The 62-room property (including suites) is ideally situated at the intersection of Interstate 35 and US-64, providing excellent visibility and easy access for travelers and regional business guests and only a little over 45 minutes from Oklahoma City. The hotel functions as both an Interstate franchised hotel and an extended stay property within the Perry market.
The intersection is a hub for both leisure and corporate travel, with strong economic drivers such as 7 Clans First Council Casino, Ditch Witch, and the Anheuser-Busch distribution center. These demand generators provide a steady mix of corporate, government, and leisure business throughout the year. With ongoing current economic expansion including a 170,000 square foot expansion at Ditch Witch, a new regional Amazon Hub, a new 200 home residential addition, and grants awards through the national Main Street Revitalization Project, demand is expected to increase exponentially in the coming years. Perry serves as the county seat of Noble County and home to the Noble County Court Complex. There is a strong legal and energy room night demand component in the area.
Perry offers a blend of strategic logistics, specialized industrial infrastructure, and a resilient, pro-business community. As the "Beacon of Okie Pride," Perry provides a stable small-town environment with high-growth potential, evidenced by major global companies already thriving there. Perry is accessible by daily jet service through Stillwater Regional Airport approximately 20 minutes away.
The hotel is in good overall condition and benefits from brand standards and amenities designed to capture both overnight and extended stay guests. The property is well positioned to benefit from a focused ownership and management team to drive a revitalized, historic strong performer in this high-demand regional market.
LENDER-DIRECTED SALE / POTENTIAL SHORT SALE
IMMEDIATE OFFERS SOUGHT
Property Highlights
| Asking Price | $2,499,000 |
| Location | On US-64 near Interstate 35 |
| Property Description | Limited Service |
| Number of Rooms | 62 |
| Major Source of Business | Manufacturing, Distribution Hub, Casino, Agricultural, Corporate, Transient Travel & Agriculture |
| Site Size | +/- 3.13 acres |
| Year Built |
2010 |
| Common Area Amenities | Breakfast area, business center, fitness room, meeting room, guest laundry & indoor pool |