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Best Western Plus Wewoka Inn & Suites 201 Commerce Dr 52 Room Hotel Wewoka, OK 74884 $5,111,025 CAD ($98,289 CAD/Room)
Investment Highlights
- Potential Owner Financing
- Historic Area
- Priced below 3.2X 2022 Room Revenue
Executive Summary
Highlights:
• Possible Owner Financing (subject to approved credit and terms)
• Realistic Pricing and Motivated Seller | 3.4X Room Revenue
• High-Traffic Trade Area with Strong Regional Draw
• Historic Area
Recently price reduced, the 52-room, 3-story, Best Western Plus Wewoka Inn & Suites is located at the crossroads of Highways 270 & 56. It is just 60 minutes from Oklahoma City and Tulsa, between Seminole and Holdenville, and 21 minutes from I-40.
The hotel features all typical Best Western amenities including a free, hot breakfast, indoor pool and hot tub, business center, guest laundry, fitness room and an elevator.
The city of Wewoka is situated in a picturesque region of rolling hills and forests and is the headquarters of the Seminole Nation, some 7,000 of whose members live in the area. Other area demand generators include Seminole Nation Museum, Wewoka Lake, Seminole Nation Capitol Building, Seminole Nation Trading Post Casino, Wewoka Indian Health Center and The Wewoka Golf Course. It is also the County Seat of Seminole County and home to the County Courthouse.
• Possible Owner Financing (subject to approved credit and terms)
• Realistic Pricing and Motivated Seller | 3.4X Room Revenue
• High-Traffic Trade Area with Strong Regional Draw
• Historic Area
Recently price reduced, the 52-room, 3-story, Best Western Plus Wewoka Inn & Suites is located at the crossroads of Highways 270 & 56. It is just 60 minutes from Oklahoma City and Tulsa, between Seminole and Holdenville, and 21 minutes from I-40.
The hotel features all typical Best Western amenities including a free, hot breakfast, indoor pool and hot tub, business center, guest laundry, fitness room and an elevator.
The city of Wewoka is situated in a picturesque region of rolling hills and forests and is the headquarters of the Seminole Nation, some 7,000 of whose members live in the area. Other area demand generators include Seminole Nation Museum, Wewoka Lake, Seminole Nation Capitol Building, Seminole Nation Trading Post Casino, Wewoka Indian Health Center and The Wewoka Golf Course. It is also the County Seat of Seminole County and home to the County Courthouse.
Property Facts
| Price | $5,111,025 CAD | Building Size | 38,541 SF |
| Price Per Room | $98,289 CAD | No. Rooms | 52 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2016 |
| Property Subtype | Hotel | Parking Ratio | 1.35/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 18.52 AC | Opportunity Zone |
Yes
|
| Zoning | C2 | ||
| Price | $5,111,025 CAD |
| Price Per Room | $98,289 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 18.52 AC |
| Building Size | 38,541 SF |
| No. Rooms | 52 |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 1.35/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | C2 |
Amenities
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 25 | $149.92 CAD | - |
| Guest Room | 27 | $104.95 CAD | - |
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Property Taxes
| Parcel Number | 7030-00-002-001-0-000-00 | Improvements Assessment | $696,519 CAD |
| Land Assessment | $1,714 CAD | Total Assessment | $698,233 CAD |
Property Taxes
Parcel Number
7030-00-002-001-0-000-00
Land Assessment
$1,714 CAD
Improvements Assessment
$696,519 CAD
Total Assessment
$698,233 CAD
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Best Western Plus Wewoka Inn & Suites | 201 Commerce Dr
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