This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

La Quinta Inns & Suites 5285 W 6th Ave

77 Room Hotel Stillwater, OK 74074 £4,151,490 (£53,915/Room)

Investment Highlights

  • High Traffic Area
  • Close Proximity to OSU

Executive Summary

Nestled just a few miles from the iconic Oklahoma State University (OSU), the La Quinta Inn & Suites by Wyndham StillwaterUniversity Area is strategically positioned to capitalize on the substantial traffic generated by the university. Built in 2009, this hotel is among the first hospitality properties travelers encounter when entering Stillwater from the west on Highway 51, offering an immediate lodging option. During the football season and other collegiate sports seasons hosted by the university, the hotel experiences high demand as fans—both local and from out-of-state—flock to Stillwater.
Its close proximity to the university campus provides easy access to sporting events, wrestling duels, academic activities, and tailgating. OSU’s homecoming weekend is a particular boon for the property, guaranteeing high occupancy rates and premium pricing as thousands flock to Stillwater to participate in the nation’s largest homecoming celebration.
Beyond its locational advantages, the hotel offers a comprehensive set of amenities, including free Wi-Fi, breakfast, a fitness center, pet-friendly rooms, and an indoor heated pool, making it a go-to option for visitors seeking comfort and convenience. The consistent, high traffic during peak times such as the football season, agricultural events, welcome week, and homecoming weekend presents a compelling investment opportunity. The La Quinta Inn & Suites by Wyndham StillwaterUniversity Area offers an appealing proposition for any investor looking to score big in the hospitality industry

Property Facts

Price £4,151,490
Price Per Room £53,915
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.60 AC
Building Size 53,472 SF
No. Rooms 77
Number of Floors 4
Year Built 2009
Parking Ratio 1.51/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free
  • Digital key

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 36 £93.21 -
Guest Room 41 £73.63 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
600077772
Land Assessment
£67,243
Improvements Assessment
£384,928
Total Assessment
£452,171

zoning

Zoning Code C
C
  • Listing ID: 29383732

  • Date on Market: 28/08/2023

  • Last Updated:

  • Address: 5285 W 6th Ave, Stillwater, OK 74074

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}