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Hotel-Motel

Best Western Plus Weatherford

525 E Main St, Weatherford, OK 73096

Listing Price: $4,800,000

Number of Rooms
63
RevPAR
$66
Gross SF
62,702
Price/Room
$76,190
RRM
3.10
Price/Gross SF
$76.55
Year Built
1959

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus Weatherford a two-story exterior corridor hotel located in Weatherford, Oklahoma. The hotel's 63 guest rooms include a 42-inch flatscreen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a bar, heated outdoor saltwater pool, meeting space, business center, fitness center, complimentary breakfast and guest laundry facilities. In 2022, the current owner added a small lounge off of the lobby that serves drinks, sliders and quesadillas in the evenings. This amenity has become popular with guests and profitable for the owner. Included in the sale is a 1.08 acre ½ block acre of vacant land that is currently used for overflow truck parking and can be reserved for future development. Best Western Plus Weatherford is the top ranked hotel in Weatherford, beating all other brands according to guest reviews. Our Pro Forma analysis assumes continued modest RevPAR growth over the next several years supported by the increasing population and demand growth in the region.

Investment Highlights

  • 3x Room Revenue Multiplier
  • Easy SBA 7A Financing Available
  • Excess Land Included
  • Best Rated Hotel in Town
  • Recently Renovated in 2022 | No PIP Required
  • Ideal Owner Operator Hotel
  • Ideally Located Off of Interstate 40 and Historic Route 66
  • ~1 Hour from Downtown OKC | Less Than a Mile from Southwestern Oklahoma State University

Exclusively Listed By

  • Gordon Allred

    Senior Managing Director Investments

    (909) 456-3420

    Email Gordon

    License(s): CA: 00927200, NV: BS.0146254

    Inland Empire

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Hotel-Motel

Best Western Plus Weatherford

Listing Price: $4,800,000

Number of Rooms
63
RevPAR
$66
Gross SF
62,702
Price/Room
$76,190
RRM
3.10
Price/Gross SF
$76.55
Year Built
1959

Investment Highlights

  • 3x Room Revenue Multiplier
  • Easy SBA 7A Financing Available
  • Excess Land Included
  • Best Rated Hotel in Town
  • Recently Renovated in 2022 | No PIP Required
  • Ideal Owner Operator Hotel
  • Ideally Located Off of Interstate 40 and Historic Route 66
  • ~1 Hour from Downtown OKC | Less Than a Mile from Southwestern Oklahoma State University

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus Weatherford a two-story exterior corridor hotel located in Weatherford, Oklahoma. The hotel's 63 guest rooms include a 42-inch flatscreen TV, work desk, refrigerator, microwave and coffee maker. Hotel amenities include a bar, heated outdoor saltwater pool, meeting space, business center, fitness center, complimentary breakfast and guest laundry facilities. In 2022, the current owner added a small lounge off of the lobby that serves drinks, sliders and quesadillas in the evenings. This amenity has become popular with guests and profitable for the owner. Included in the sale is a 1.08 acre ½ block acre of vacant land that is currently used for overflow truck parking and can be reserved for future development. Best Western Plus Weatherford is the top ranked hotel in Weatherford, beating all other brands according to guest reviews. Our Pro Forma analysis assumes continued modest RevPAR growth over the next several years supported by the increasing population and demand growth in the region.

Exclusively Listed By

  • Gordon Allred

    Senior Managing Director Investments

    (909) 456-3420

    Email Gordon

    License(s): CA: 00927200, NV: BS.0146254

    Inland Empire

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

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