5285 W 6th Ave - Hospitality FOR SALE


Stillwater, OK 74074
$5,300,000 USD
405-840-1500
5285 W 6th Ave, Stillwater, OK for Sale
$5,300,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

5285 W 6th Ave
Stillwater, OK 74074


HIGHLIGHTS

  • High Traffic Area
  • Close Proximity to OSU

OVERVIEW

Nestled just a few miles from the iconic Oklahoma State University (OSU), the La Quinta Inn & Suites by Wyndham Stillwater- University Area is strategically positioned to capitalize on the substantial traffic generated by the university. Built in 2009, this hotel is among the first hospitality properties travelers encounter when entering Stillwater from the west on Highway 51, offering an immediate lodging option. During the football season and other collegiate sports seasons hosted by the university, the hotel experiences high demand as fans—both local and from out-of-state—flock to Stillwater. Its close proximity to the university campus provides easy access to sporting events, wrestling duels, academic activities, and tailgating. OSU’s homecoming weekend is a particular boon for the property, guaranteeing high occupancy rates and premium pricing as thousands flock to Stillwater to participate in the nation’s largest homecoming celebration. Beyond its locational advantages, the hotel offers a comprehensive set of amenities, including free Wi-Fi, breakfast, a fitness center, pet-friendly rooms, and an indoor heated pool, making it a go-to option for visitors seeking comfort and convenience. The consistent, high traffic during peak times such as the football season, agricultural events, welcome week, and homecoming weekend presents a compelling investment opportunity. The La Quinta Inn & Suites by Wyndham Stillwater- University Area offers an appealing proposition for any investor looking to score big in the hospitality industry.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$99 USD /SF

# OF ROOMS

77

PRICE/ROOM

$68,831 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Quinta Inns & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

81

LAND DETAILS

LAND ACRES

4.6 AC

LAND SF

200,376 SF

ZONING

C

APN/PARCEL ID

600077772

ASK ABOUT THIS PROPERTY

Jackson RiceNewmark Robinson ParkMore Info
405-840-1500

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Jackson RiceNewmark Robinson ParkMore Info
405-840-1500

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