1212 NW Highway St
Woodward, OK 73801
Days Inn by Wyndham Woodward OK · Hospitality Property For Sale
·
20,403 SF
INVESTMENT HIGHLIGHTS
- 2022 Room Revenue is in excess of $500K with the Hotel projected to make over $550K in 2023.
- 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.
- There are no hotels scaled for construction and therefore minimal new competition within the immediate market area.
- The hotel has excellent visibility and easy access off Highway 3.
- The Hotel is offered at $28,000/ key, considerably below replacement cost and with a minimal new owner PIP anticipated.
PROPERTY FACTS
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.78 AC |
| Building Size | 20,403 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2022 |
| Parking Ratio | 2.03/1,000 SF |
| Corridor | Exterior |
| Zoning | Urban Com (0006) - Commercial |
AMENITIES
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
ABOUT 1212 NW HIGHWAY ST , WOODWARD, OK 73801
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.
PROPERTY TAXES
| Parcel Number | 0410-27-23N-21W-4-406-00 | Improvements Assessment | $110,708 |
| Land Assessment | $10,292 | Total Assessment | $121,000 |
