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Best Western Plus Wewoka Inn & Suites 201 Commerce Dr 52 Room Hotel Wewoka, OK 74884 $3,750,000 ($72,115/Room)
Investment Highlights
- Possible Owner Financing (subject to approved credit and terms)
- Historic Area
- Realistic Pricing and Motivated Seller | 3.4X Room Revenue
- High-Traffic Trade Area with Strong Regional Draw
Executive Summary
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.
• 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.
Property Facts
| Price | $3,750,000 | Building Size | 38,541 SF |
| Price Per Room | $72,115 | No. Rooms | 52 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2016 |
| Property Subtype | Hotel | Parking Ratio | 1.35/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 18.52 AC | Opportunity Zone |
Yes
|
| Zoning | C2 | ||
| Price | $3,750,000 |
| Price Per Room | $72,115 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 18.52 AC |
| Building Size | 38,541 SF |
| No. Rooms | 52 |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 1.35/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C2 |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 25 | $110.00 | - |
| Guest Room | 27 | $77.00 | - |
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 7030-00-002-001-0-000-00 | Improvements Assessment | $509,505 |
| Land Assessment | $1,254 | Total Assessment | $510,759 |
Property Taxes
Parcel Number
7030-00-002-001-0-000-00
Land Assessment
$1,254
Improvements Assessment
$509,505
Total Assessment
$510,759
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Best Western Plus Wewoka Inn & Suites | 201 Commerce Dr