Property Overview

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 early 2024 over 1,250 new jobs will be created within a 20 minute drive of the hotel when construction begins on the first new refinery in the United States in three decades. 

• Revised metrics - $2.55M rolling 12 / 10.1% CAP rate / 3.5X room revenue
• Newer built prototype hotel with Hilton affiliation
• 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 Cushing Refinery breaking ground in early 2024

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$9,000,000
LocationOff historic Route 66 and Interstate 44
Property DescriptionLimited Service
Number of Rooms86
Major Source of BusinessBusiness, Traveler, Transient, Corporate & Retail
Site Size+/- 2.13
Year Built 2017
Last Year Renovated 2023
Common Area AmenitiesBreakfast area, business center, fitness room, indoor pool, meeting rooms, guest coin laundry & free WiFi