1650 N 32nd St - Hospitality FOR SALE


Muskogee, OK 74401
$6,800,000 USD
520-664-4091
1650 N 32nd St, Muskogee, OK for Sale
$6,800,000 USD
Hospitality - FOR SALE
1/27
null | Request Cap Rate

1650 N 32nd St
Muskogee, OK 74401


HIGHLIGHTS

  • Marriott brand – interior corridor
  • Operational upside – 78.3% RevPar index
  • Opportunity to increase occupancy and ADR
  • Absentee owned & operated
  • Motivated seller

OVERVIEW

NewGen Advisory is proud to present the 85-room Fairfield Inn & Suites in Muskogee, Oklahoma. The four-story interior corridor hotel includes meeting space, a business center indoor pool, a gym, and more. Guests traveling along US Route 62 and 64 have easy access to the hotel and nearby restaurants. Investors have an opportunity to acquire a stable Marriott brand in Muskogee. Muskogee is located in eastern Oklahoma, in the United States. It sits near three major rivers: the Arkansas, Verdigris, and Grand Rivers. The city is 50 miles southeast of Tulsa, Oklahoma, and serves as a regional center for trade and transportation due to its prime location. Its proximity to these rivers and important transportation routes played a significant role in its development as a railroad hub in the late 19th century. Muskogee is also part of Oklahoma’s “Green Country,” known for its rolling hills and lush landscapes.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$134 USD /SF

# OF ROOMS

85

PRICE/ROOM

$80,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Inn & Suites Muskogee

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

91

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

C-5

APN/PARCEL ID

10495

ASK ABOUT THIS PROPERTY

Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

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Jigar DesaiNewGen AdvisoryMore Info
520-664-4091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.