Hampton Inn & Suites Stroud

86 Room Hotel | Stroud, OK 74079 | For Sale

Date Added:
September 16, 2024
Days on Market:
2 days
Property Type
Hospitality
Square Feet
37,291 SF

Listing Contacts

Peter Holmes
Peter Holmes
Verified Profile
  • Property Info

Property Overview

*Revised metrics -  $2.3M YE 2023 / 10.1% CAP rate / 3.9X room revenue
*Newer built prototype hotel with Hilton affiliation in very good condition
*Located immediately on I-44 & OK-99 with a traffic count of over 30,000 per day
*Halfway point between Oklahoma City and Tulsa
*Home to Stroud Terminal servicing Cushing Oklahoma, largest U.S. oil storage facility
*Closest mid-scale hotel to new $6B dollar Refinery breaking ground in late 2024
The six year old Hampton Inn & Suites is a 86 room, 4-story interior corridor hotel with an excellent location both in terms of access and location as well as tremendous economic growth and impact in coming months. Starting in late 2024 over 1,250 new jobs will be created within a 10 minute drive of the hotel when construction begins on the first new refinery in the United States in three decades. 
This investment class asset has tremendous long term potential for a owner seeking steady, maximum income streams. Priced significantly below replacement.

Property Details

Class
C
Year Built
2017
Stories
3
Property Subtype
Hotel
Lot Size (sq. ft)
92,783 SF
Units
86

Highlights

  • $2.3M YE 2023 / 10.1% CAP rate / 3.9X room revenue
  • Newer built prototype hotel with Hilton affiliation in very good condition
  • Located immediately on I-44 & OK-99 with a traffic count of over 30,000 per day
  • Closest mid-scale hotel to new $6B dollar Refinery breaking ground in late 2024
  • Halfway point between Oklahoma City and Tulsa

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