Property Overview

The Oaktree Inn & Suites is 140 room, 3-story exterior corridor extended stay hotel that is being offered for sale with great upside opportunity. Of the 140 rooms, 105 are operational and 35 are shut down/ready for renovations. Actual occupancy of the 105 rooms is 52% for 2017.

Property Highlights

Asking Price$3,200,000
LocationMeridian Corridor, close to I-40
Property DescriptionLimited Service
Number of Rooms140
Major Source of BusinessAirport, Fairgrounds, Equine, Car Auction & Tourism
Site Size+/- 2.41 Acres
Year Built 1980
Last Year Renovated 2002
Common Area AmenitiesBreakfast Area, Guest Laundry, 24-Hour Front Desk, Two Meeting Rooms, Outdoor Seasonal Pool & Business Services