This brand new Springhill Suites
in Stillwater is a 81 room, 4-story interior corridor hotel that is being offered at below replacement with upside for any type of investor from institutional to first time Marriott buyer.
Stillwater is home to Oklahoma State University. The University
is the single largest demand generator in the market employing over 5,000 and with total enrollment exceeding 25,000. Other large demand generators include Stillwater Regional Medical Center, Wal-Mart Distribution, Mercury MerCruiser, and Armstrong Worldwide. A number of large electronic firms have manufacturing facilities as well. Kicker, Nomadics, Frontier
Electronics and National Standard all have headquarters located in Stillwater. Oklahoma, is often called one of America’s “most livable” cities, and for good reasons. Quality neighborhoods, excellent schools and low crime rates are hallmarks of the community, as well as recreational and cultural opportunities that you will only find in a university city. In 2011 Forbes Magazine named Stillwater the 6th fastest growing small cities in the United States. With its cost of living being 10% below the national average, Stillwater is
consistently ranked among the nation’s top small cities for quality of life. In 2010 Money Magazine named Stillwater as on to the 100 best places to live because of its quality of life.
|Location||Off Highway 51/6th Avenue|
|Property Description||Select Service|
|Number of Rooms||81|
|Major Source of Business||Corporate, Electronics manufacturing, University, Leisure|
|Site Size||+/- 1.83 Acres|
|Last Year Renovated
|Common Area Amenities||Breakfast Area, Guest Laundry, 24-Hour Fitness Center, Indoor Pool, Meeting Space & Wi-Fi|