Hotel-Motel
Auction - Fairfield by Marriott Stillwater | 62 Rooms | OSU Campus
418 E Hall of Fame Ave, Stillwater, OK 74075
Starting Bid: $1,000,000
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2010/
Marcus & Millichap has been chosen to exclusively market for sale the Fairfield Inn & Suites Stillwater, a three-story hotel located in Stillwater, Oklahoma. Built in 1995, the hotel offers amenities including a heated indoor pool & spa, fitness center, business center, complimentary breakfast, guest laundry facilities, sundry shop and more.
The property is ideally located one hour from both Oklahoma City and Tulsa. The hotel benefits from its location near the Oklahoma State University campus. The university enrolls more than 24,000 students and is home to the 55,000-seat Boone Pickens Stadium, a top sports and entertainment destination in the area. The Fairfield Inn & Suites Stillwater represents the opportunity to acquire a franchised hotel in a stable market at a reasonable price.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Investment Highlights
- STARTING BID $1,000,000 | 62 Rooms | OSU Campus | AUCTION AUGUST 12-14, 2024
- 62-Room, Three-Story Hotel; Recent Improvements Include LED Lighting in Parking Lot, Building Signage, and Room Furniture
- Fairfield by Marriott is willing to Offer a 15-year Relicense Term Contingent upon the Completion of the Property Improvement Plan
- Less than a Mile to OSU (24K+ Enrollment) | Campus Features 55K Seat Stadium, Nat'l Wrestling Hall of Fame, Botanic Gardens, Art Museum, and more
- Ideally Located Off US Route 177 (±15,279 VPD), 1 Mile to Downtown Stillwater and 1 Hour from OKC and Tulsa
- 1 Mile from "The Hub", a New Family Entertainment Center Coming to Stillwater | 25 Miles to Cushing, OK and Home to Newly Announced $5.5B Oil Refinery
- Attractive Demographics with Population of ±52,997 Individuals and Annual Household Income of ±$54,837 (5-Mile Radius)
Exclusively Listed By
Auction Advisors
Broker of Record
Hotel-Motel
Auction - Fairfield by Marriott Stillwater | 62 Rooms | OSU Campus
Starting Bid: $1,000,000
Investment Highlights
- STARTING BID $1,000,000 | 62 Rooms | OSU Campus | AUCTION AUGUST 12-14, 2024
- 62-Room, Three-Story Hotel; Recent Improvements Include LED Lighting in Parking Lot, Building Signage, and Room Furniture
- Fairfield by Marriott is willing to Offer a 15-year Relicense Term Contingent upon the Completion of the Property Improvement Plan
- Less than a Mile to OSU (24K+ Enrollment) | Campus Features 55K Seat Stadium, Nat'l Wrestling Hall of Fame, Botanic Gardens, Art Museum, and more
- Ideally Located Off US Route 177 (±15,279 VPD), 1 Mile to Downtown Stillwater and 1 Hour from OKC and Tulsa
- 1 Mile from "The Hub", a New Family Entertainment Center Coming to Stillwater | 25 Miles to Cushing, OK and Home to Newly Announced $5.5B Oil Refinery
- Attractive Demographics with Population of ±52,997 Individuals and Annual Household Income of ±$54,837 (5-Mile Radius)
Investment Overview
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/2010/ Marcus & Millichap has been chosen to exclusively market for sale the Fairfield Inn & Suites Stillwater, a three-story hotel located in Stillwater, Oklahoma. Built in 1995, the hotel offers amenities including a heated indoor pool & spa, fitness center, business center, complimentary breakfast, guest laundry facilities, sundry shop and more. The property is ideally located one hour from both Oklahoma City and Tulsa. The hotel benefits from its location near the Oklahoma State University campus. The university enrolls more than 24,000 students and is home to the 55,000-seat Boone Pickens Stadium, a top sports and entertainment destination in the area. The Fairfield Inn & Suites Stillwater represents the opportunity to acquire a franchised hotel in a stable market at a reasonable price. Property tours are available by appointment only. Please contact the listing broker to schedule.
Exclusively Listed By
Auction Advisors
Broker of Record
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