418 E Hall of Fame Ave - Hospitality FOR SALE
Stillwater, OK 74075 |
418 E Hall of Fame Ave
Stillwater, OK 74075
HIGHLIGHTS
- Fee simple interest in the institutionally owned and third-party managed Fairfield Inn & Suites Stillwater Oklahoma offered at a substantial discount.
- Ability to retain the Fairfield flag for a long-term license upon brand approval and completion of the PIP.
- Available for individual sale as part of a larger 18-property institutional portfolio sale in the July 28 auction event via Ten-X.
- Significant operating improvements prospects following the completion of the PIP and transferring to a regional owner/operator model.
- Offered unencumbered of debt and management and at a significant discount to replacement cost.
- Ideally situated less than a mile from Boone Pickens Stadium and Oklahoma State University, the MSA’s largest demand generator.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Fairfield Inn & Suites Stillwater
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
30838
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1995
PARKING SPACES
61
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
CG
APN/PARCEL ID
600047526
