120 W 18th St - Hospitality FOR SALE
Grove, OK 74344 |
$4,700,000 USD
214-500-4295
120 W 18th St
Grove, OK 74344
HIGHLIGHTS
- High-performing midscale hotel with accelerating top-line growth
- Major new demand generator: Wolf Creek Expo Center (50,000 SF) entering its first full operational year
- February RevPAR up 56% YOY, materially outperforming the comp set
- Absentee ownership with long-tenured on-site management and staff
- Original ownership for 30+ years — never sold; proven, consistent cash flow
FOR SALE DETAILS
PRICE
$4,700,000 USD
PRICE/SF
$201 USD /SF
# OF ROOMS
46
PRICE/ROOM
$102,174 {currency}
CAP RATE
9.99%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Best Western TimberRidge Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1997
PARKING SPACES
88
LAND DETAILS
LAND ACRES
3 AC
LAND SF
130,680 SF
ZONING
C-2
APN/PARCEL ID
0065523
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214-500-4295
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214-500-4295
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