201 Commerce Dr - Hospitality FOR SALE


Wewoka, OK 74884
$3,750,000 USD
405-810-1414
201 Commerce Dr, Wewoka, OK for Sale
$3,750,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

201 Commerce Dr
Wewoka, OK 74884


HIGHLIGHTS

  • Possible Owner Financing (subject to approved credit and terms)
  • Realistic Pricing and Motivated Seller | 3.4X Room Revenue
  • Historic Area
  • High-Traffic Trade Area with Strong Regional Draw

OVERVIEW

Highlights: • Possible Owner Financing (subject to approved credit and terms) • Realistic Pricing and Motivated Seller | 3.4X Room Revenue • High-Traffic Trade Area with Strong Regional Draw  • Historic Area Recently price reduced, the 52-room & suites, 3-story, Best Western Plus Wewoka Inn & Suites is located at the crossroads of Highways 270 & 56. It is just 60 minutes from Oklahoma City and Tulsa, and 20 minutes from Interstate 40. The hotel recently underwent a significant renovation and features all typical Best Western amenities including indoor pool, breakfast room, business center, guest laundry, fitness center and elevator. The city of Wewoka is situated in a picturesque region of rolling hills and forests and is the headquarters of the Seminole Nation, some 7,000 of whose members live in the area. Other area demand generators include Latham Pool Manufacturing, Bar-S Meat Processing, Formcrete Fiberglass, Trading Post Casino, Seminole Nation Museum, Wewoka Lake, Seminole Nation Capitol Building, SSM Health Center, Wewoka Indian Health Center and The Wewoka Golf Course. It is also the County Seat of Seminole County and home to the County Courthouse.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$97 USD /SF

# OF ROOMS

52

PRICE/ROOM

$72,115 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Plus Wewoka Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2016

PARKING SPACES

52

LAND DETAILS

LAND ACRES

18.52 AC

LAND SF

806,731 SF

ZONING

C2

APN/PARCEL ID

7030-00-002-001-0-000-00

ASK ABOUT THIS PROPERTY

Peter HolmesHotelBrokerOneMore Info
405-810-1414

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Peter HolmesHotelBrokerOneMore Info
405-810-1414

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