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Travelodge by Wyndham Enid-RECEIVERSHIP SALE 2818 S Van Buren St 99 Room Hotel Enid, OK 73703 $1,700,000 ($17,172/Room)
INVESTMENT HIGHLIGHTS
- RECEIVERSHIP SALE
- Adaptive Reuse Possibility
- Diverse and Substantial Demand Generators Nearby
- Near Vance Air Force Base & Integris Regional Medical
- Excellent Rebranding Possibilities
EXECUTIVE SUMMARY
Highlights:
• RECEIVERSHIP SALE / PRICE REDUCED $500K
• Near Vance Air Force Base & Integris Regional Medical
• Diverse and Substantial Demand Generators Nearby
• Adaptive Reuse Possibility
• Excellent Rebranding Possibilities
ALL OFFERS WILL BE ENTERTAINED. SPECIAL CONSIDERATION FOR END OF YEAR CLOSE!
The two-story Travelodge by Wyndham is located in Enid, Oklahoma off Highway 412 near the single largest economic contributor in the immediate area, Vance Air Force Base. Additionally, the United Keetoowah Band of Cherokee is developing a new $50M casino at the intersection of HWY 412 & 132.
Demand generators for the hotel include the Vance Air Force Base, both Enid Regional Medical Center and St. Mary's Regional Medical Centers, Stride Bank Center meeting and arena facility (seating up to 5000), Enid Symphony Center, Northwestern Oklahoma State University, Northern Oklahoma College, Leonardo's Interactive Children's Museum, Railroad Museum of Oklahoma, Enid Airport, and numerous manufacturing and energy facilities.
The hotel contains 99 guest rooms, two-story, interior corridor construction, RV/bus parking, 1,000 SF meeting room, indoor pool and hot tub, fitness center, business center and guest laundry. Rooms have standard amenities such as mini-fridges, microwaves, irons and flat-screen HDTVs.
RECEIVER SEEKING IMMEDIATE ALL CASH OFFERS
• RECEIVERSHIP SALE / PRICE REDUCED $500K
• Near Vance Air Force Base & Integris Regional Medical
• Diverse and Substantial Demand Generators Nearby
• Adaptive Reuse Possibility
• Excellent Rebranding Possibilities
ALL OFFERS WILL BE ENTERTAINED. SPECIAL CONSIDERATION FOR END OF YEAR CLOSE!
The two-story Travelodge by Wyndham is located in Enid, Oklahoma off Highway 412 near the single largest economic contributor in the immediate area, Vance Air Force Base. Additionally, the United Keetoowah Band of Cherokee is developing a new $50M casino at the intersection of HWY 412 & 132.
Demand generators for the hotel include the Vance Air Force Base, both Enid Regional Medical Center and St. Mary's Regional Medical Centers, Stride Bank Center meeting and arena facility (seating up to 5000), Enid Symphony Center, Northwestern Oklahoma State University, Northern Oklahoma College, Leonardo's Interactive Children's Museum, Railroad Museum of Oklahoma, Enid Airport, and numerous manufacturing and energy facilities.
The hotel contains 99 guest rooms, two-story, interior corridor construction, RV/bus parking, 1,000 SF meeting room, indoor pool and hot tub, fitness center, business center and guest laundry. Rooms have standard amenities such as mini-fridges, microwaves, irons and flat-screen HDTVs.
RECEIVER SEEKING IMMEDIATE ALL CASH OFFERS
PROPERTY FACTS
| Price | $1,700,000 | Building Size | 40,000 SF |
| Price Per Room | $17,172 | No. Rooms | 99 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1982/2019 |
| Property Subtype | Hotel | Parking Ratio | 2.95/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.00 AC | ||
| Zoning | Commercial | ||
| Price | $1,700,000 |
| Price Per Room | $17,172 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 40,000 SF |
| No. Rooms | 99 |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2019 |
| Parking Ratio | 2.95/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- On-Site Retail
- Indoor Pool
- Meeting Event Space
- Public Access Wifi
- Hot Tub
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $89.00 | - |
| Guest Room | 97 | $70.00 | - |
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PROPERTY TAXES
| Parcel Number | 1060-00-000-011-0-014-00 | Improvements Assessment | $363,623 |
| Land Assessment | $26,585 | Total Assessment | $390,208 |
PROPERTY TAXES
Parcel Number
1060-00-000-011-0-014-00
Land Assessment
$26,585
Improvements Assessment
$363,623
Total Assessment
$390,208
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Travelodge by Wyndham Enid-RECEIVERSHIP SALE | 2818 S Van Buren St
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