405-810-1414
1125 E Gore Blvd, Lawton, OK for Sale
Hospitality - FOR SALE
1/18
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1125 E Gore Blvd
Lawton, OK 73501


HIGHLIGHTS

  • 2023 Room Revenue exceeded $1.3M
  • Fantastic location immediately on I-44 exit
  • Immediately adjacent to Comanche Nation Casino
  • Located in a Federal Opportunity Zone

OVERVIEW

• 2023 Room Revenue exceeded $1.3M • Fantastic location immediately on I-44 exit • Immediately adjacent to Comanche Nation Casino • Located in a Federal Opportunity Zone • 200-seat convention center and ballroom LENDER DRIVEN SALE. The 130 room SureStay Plus by Best Western is positioned immediately next door to the Comanche Nation Casino just off I-44 in Lawton, Oklahoma. The hotel features large guest rooms and 20 two-room “high-roller” suites with both indoor and outdoor pools. Additionally, the hotel is well located in proximity to the other major demand generators including Fort Sill, the Army’s sole artillery training base that graduates basic training nearly every week of the year. Lawton has a number of large corporate operations which include Bar-S Foods Company, Goodyear Tire & Rubber Company, and Southwestern Medical Center. It is a regional hub for medical, banking and shopping resources. As well as corporate clientele, there is a large base of leisure business with major sporting events and high tourist demand from the nearby scenic U.S. Wichita Mountains Wildlife Refuge. The two story, interior corridor hotel includes a complimentary hot breakfast, fitness center, indoor pool, outdoor pool, guest laundry and business center. There is also a presently shuttered restaurant and bar. The current first mortgage holder will consider financing the hotel with buyer qualification and acceptable terms. Seeking realistic offers with the ability to close quickly.

FOR SALE DETAILS

PRICE

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# OF ROOMS

130

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SureStay Plus by Best Western Lawton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1972

PARKING SPACES

235

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

Commercial

APN/PARCEL ID

0039947

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Peter HolmesHotelBrokerOneMore Info
405-810-1414

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Peter HolmesHotelBrokerOneMore Info
405-810-1414

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