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Hampton Inn & Suites Stroud 915 Ada Webb Dr 86 Room Hotel Stroud, OK 74079 For Sale
INVESTMENT HIGHLIGHTS
- $2.3M YE 2023 / 10.1% CAP rate / 3.9X room revenue
- Located immediately on I-44 & OK-99 with a traffic count of over 30,000 per day
- Newer built prototype hotel with Hilton affiliation in very good condition
- Halfway point between Oklahoma City and Tulsa
EXECUTIVE SUMMARY
*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
*Close proximity Interstate / Petro Industry / Casino Demand Generators
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 years.
Located just a minutes from the One of the largest Petroleum storage facilities in the U.S. Stroud terminal is a crude oil destination terminal located on 76-acres in Stroud, Oklahoma, near the Cushing storage hub. The terminal includes unit train-capable unloading capacity of approximately 60,000 barrels per day. Inbound product is delivered by the Stillwater Central Rail, which handles deliveries from both the BNSF and the Union Pacific railways. Outbound shipments of crude oil are delivered via our 17-mile SCT Pipeline from the Stroud terminal to the Cushing storage hub. The Stroud terminal provides Western Canadian heavy barrels with access to multiple large, liquid markets, including the Gulf Coast.
In addition Stroud has significant leisure demand generators including the SAC & FOX NATION CASINO, Historic Route 66 and a number of vineyards. Stroud was designated Oklahoma's “Winery and Grape Capital.” An annual celebration of this agri-tourism industry is held every June with “Stroud's Historical Route 66 Wine and Food Festival” hosted by the Stroud Chamber of Commerce and the Grand River Dam Authority.
This investment class asset has tremendous long term potential for a owner seeking steady, maximum income streams. Priced significantly below replacement.
*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
*Close proximity Interstate / Petro Industry / Casino Demand Generators
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 years.
Located just a minutes from the One of the largest Petroleum storage facilities in the U.S. Stroud terminal is a crude oil destination terminal located on 76-acres in Stroud, Oklahoma, near the Cushing storage hub. The terminal includes unit train-capable unloading capacity of approximately 60,000 barrels per day. Inbound product is delivered by the Stillwater Central Rail, which handles deliveries from both the BNSF and the Union Pacific railways. Outbound shipments of crude oil are delivered via our 17-mile SCT Pipeline from the Stroud terminal to the Cushing storage hub. The Stroud terminal provides Western Canadian heavy barrels with access to multiple large, liquid markets, including the Gulf Coast.
In addition Stroud has significant leisure demand generators including the SAC & FOX NATION CASINO, Historic Route 66 and a number of vineyards. Stroud was designated Oklahoma's “Winery and Grape Capital.” An annual celebration of this agri-tourism industry is held every June with “Stroud's Historical Route 66 Wine and Food Festival” hosted by the Stroud Chamber of Commerce and the Grand River Dam Authority.
This investment class asset has tremendous long term potential for a owner seeking steady, maximum income streams. Priced significantly below replacement.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 86 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 2017 |
| Building Class | C | Parking Ratio | 2.28/1,000 SF |
| Lot Size | 2.13 AC | Corridor | Interior |
| Building Size | 37,291 SF | ||
| Zoning | C2 | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.13 AC |
| Building Size | 37,291 SF |
| No. Rooms | 86 |
| No. Stories | 3 |
| Year Built | 2017 |
| Parking Ratio | 2.28/1,000 SF |
| Corridor | Interior |
| Zoning | C2 |
AMENITIES
- Business Center
- Fitness Center
- On-Site Retail
- Indoor Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 25 | $124.00 | - |
| Guest Room | 61 | $116.00 | - |
PROPERTY TAXES
| Parcel Number | 616000000000400600 | Improvements Assessment | $890,516 |
| Land Assessment | $118,643 | Total Assessment | $1,009,159 |
PROPERTY TAXES
Parcel Number
616000000000400600
Land Assessment
$118,643
Improvements Assessment
$890,516
Total Assessment
$1,009,159
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Hampton Inn & Suites Stroud | 915 Ada Webb Dr
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