Hotel-Motel

Best Western Plus Cimarron Hotel & Suites

Listing Price: $6,500,000

Cap Rate
8.57%
Number of Rooms
77
RevPAR
$48
Gross SF
33,038
Price/Room
$84,416
RRM
4.80
Price/Gross SF
$196.74
Year Built
2008

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus Cimarron Hotel & Suites, a 77-room hotel located in Stillwater, Oklahoma. The Best Western Plus Cimarron Hotel & Suites is a four-story property consisting of 1,576 square feet of meeting space. The subject property is within close proximity to Oklahoma State University (OSU), which is Oklahomas First Truman Honor Institution.

The hotel is located within the Historic Downtown Stillwater, consisting of over 11 blocks of shopping and dining options. It is also home to the Downtown Stillwater Cultural District, made up of Modella Art Gallery, the OSU Museum of Art, Prairie Arts Center, Stillwater History Museum at the Sheerar and the Stillwater Public Library.

This property qualifies for an auto-transfer with Best Western.

Investment Highlights

  • Walking Distance to Boone Pickens Stadium (OSU Football Stadium)
  • 1 Mile to Oklahoma State University (OSU) | 24k Enrollment
  • 1 Mile to Stillwater Medical Center
  • Minutes to Downtown Stillwater, Sheerar Museum, Boomer Lake State Park and More

Exclusively Listed By

Hotel-Motel

Best Western Plus Cimarron Hotel & Suites

Listing Price: $6,500,000

Cap Rate
8.57%
Number of Rooms
77
RevPAR
$48
Gross SF
33,038
Price/Room
$84,416
RRM
4.80
Price/Gross SF
$196.74
Year Built
2008

Investment Highlights

  • Walking Distance to Boone Pickens Stadium (OSU Football Stadium)
  • 1 Mile to Oklahoma State University (OSU) | 24k Enrollment
  • 1 Mile to Stillwater Medical Center
  • Minutes to Downtown Stillwater, Sheerar Museum, Boomer Lake State Park and More

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Best Western Plus Cimarron Hotel & Suites, a 77-room hotel located in Stillwater, Oklahoma. The Best Western Plus Cimarron Hotel & Suites is a four-story property consisting of 1,576 square feet of meeting space. The subject property is within close proximity to Oklahoma State University (OSU), which is Oklahomas First Truman Honor Institution.

The hotel is located within the Historic Downtown Stillwater, consisting of over 11 blocks of shopping and dining options. It is also home to the Downtown Stillwater Cultural District, made up of Modella Art Gallery, the OSU Museum of Art, Prairie Arts Center, Stillwater History Museum at the Sheerar and the Stillwater Public Library.

This property qualifies for an auto-transfer with Best Western.

Exclusively Listed By

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