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Off Market
1/29

1212 NW Highway St
Woodward, OK 73801


HIGHLIGHTS

  • 2022 Room Revenue is in excess of $500K with the Hotel projected to make over $550K in 2023.
  • The hotel has excellent visibility and easy access off Highway 3.
  • The Hotel has great Upside Potential for a new owner/operator. It is currently operated by an on-site/full-time GM with no marketing or sales staff.
  • The Hotel is offered at $28,000/ key, considerably below replacement cost and with a minimal new owner PIP anticipated.
  • There are no hotels scaled for construction and therefore minimal new competition within the immediate market area.

OVERVIEW

The Days Inn in Woodward Oklahoma was built in 1984 and is a well maintained, 2 story, economy service hotel with all the 61 rooms in perfectly functional and rentable condition. The hotel features a room mix of 34 Standard Kings, 26 Standard Double Queens and one extended stay suite. The spacious 2 room managers suite with full kitchen on the first floor, if unutilized, is available for weekly or monthly rent. The hotel has more than adequate guest parking and has additional large vehicle parking available in the front of the hotel that can accommodate as many as ten 63 foot tractor trailers. Guests enjoy convenient amenities such as free high-speed Wi-Fi, hair dryer, microwave, and mini-refrigerator, 36 - 40” flat-screen TV’s and common amenities that include a fitness center, guest laundry (4 washers and 3 dryers) and a large outdoor patio with access to 2 gas grills and indoor kitchen. The hotel is located just off Interstate 3 and is within a 150 minute drive from Oklahoma City to the south east and 170 minute drive to Amarillo to the south west. 2023 is expected to be the hotels best year with a projected $550K in Room Revenue.

FOR SALE DETAILS

PRICE

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# OF ROOMS

-

CAP RATE

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BUILDING DETAILS

PROPERTY NAME

Days Inn by Wyndham Woodward OK

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

20403

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1984

PARKING SPACES

62

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Urban Com (0006)

APN/PARCEL ID

0410-27-23N-21W-4-406-00