HUNTER HOTEL ADVISORS has been exclusively engaged to solicit offers for the purchase of the 77-room Best Western Plus Cimarron Hotel & Suites located in Stillwater, Oklahoma. Ideally positioned within walking distance of Oklahoma State University (“OSU”) and its major athletic venues, the Hotel offers investors the rare opportunity to acquire a well-maintained, cash-flowing asset in a stable, university-driven market with limited new hotel supply. The Property is proximate to Boone Pickens Stadium, Gallagher-Iba Arena, the National Wrestling Hall of Fame & Museum, and other key demand drivers including the Payne County Expo Center, Stillwater Medical Center, and Stillwater Regional Airport.
The Hotel generated $669,982 in NOI with a 30.4% operating margin in the trailing twelve-month period ending June 2025. With a RevPAR of $74.98 indexing at 94.2% and ranking 4th out of 6 within its competitive set, the Hotel demonstrates strong in-place performance with meaningful upside potential. Currently operated under institutional 3?? party management, the Property offers new ownership the ability to unlock additional value through more hands-on oversight and revenue-driving strategies.
Built in 2008 and offered well below replacement cost, the Best Western Plus Cimarron Hotel & Suites is an attractive opportunity to acquire a high-quality, limited-service hotel in a recession-resilient market anchored by higher education, healthcare, and regional events. The Property’s strong operating fundamentals, strategic location, and clear path to performance enhancement make it a compelling investment opportunity with both near-term upside and long-term durability.