3812 Washington Plz
Bartlesville, OK 74006
Candlewood Suites Bartlesville East · Hospitality Property For Sale · 49,624 SF

Property Overview: The Candlewood Suites Bartlesville East contains 89 well-appointed guestrooms spanning throughout four stories. Built in 2008, this extended-stay midscale hotel is located on a sprawling 2.55-acre site with ample parking located around the property. Spacious guestrooms offer numerous in-room amenities that include microwave, full-size refrigerator, a kitchen with a stovetop and cookware, dishwasher, work desk, a separate seating area, and a flat-screen television with cable channels. The hotel's common area features a multitude of amenities that consist of a fitness center, business center, meeting rooms, and self-service laundry. Location Overview: Bartlesville, Oklahoma, an ever-expanding city in the heart of Washington County, is conveniently positioned 40 miles north of Tulsa and 150 miles northeast of Oklahoma City. The Candlewood Suites Bartlesville East is ideally located off Southeast Washington Boulevard near Southeast Adams Boulevard and Nowata, otherwise known as TX-60. With the city’s major employers and popular revenue generators nearby, this sought-after property has benefitted from the key industries of the city including healthcare & social assistance, mining, manufacturing, and transportation & warehousing. Jane Phillips Medical Center and Conoco Phillips, two of the city’s largest employers approximately 1.5 and 3.5 miles respectively from the hotel, are some of the prime revenue drivers for the city. Other key employers, that are responsible for a significant portion of the workforce, include SITEL (1.9 miles), Lowe’s (2.2 miles), Phillips 66 (5.7 miles), and the Walmart Distribution Center (10.8 miles). Nearby revenue generators, like the Oklahoma Wesleyan University (1.9 miles) and the Osage Casino (11.7 miles), increase travel to the area bringing an increase in the hotel’s overall revenue. Additional demand drivers for the city include the Wall of Honor Veterans Memorial (1.8 miles), the La Quinta Foster Mansion & Oklahoma Wesleyan University (1.9 miles), Price Tower (3.4 miles), and the Osage Hills State Park (17.7 miles). Broker of Record Timothy Speck OK 149994