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La Quinta Inns & Suites 5285 W 6th Ave 77 Room Hotel Stillwater, OK 74074 $7,337,850 CAD ($95,297 CAD/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
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 | $7,337,850 CAD | Building Size | 53,472 SF |
| Price Per Room | $95,297 CAD | No. Rooms | 77 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built | 2009 |
| Property Subtype | Hotel | Parking Ratio | 1.51/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 4.60 AC | ||
| Zoning | C | ||
| Price | $7,337,850 CAD |
| Price Per Room | $95,297 CAD |
| 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 |
| No. Stories | 4 |
| Year Built | 2009 |
| Parking Ratio | 1.51/1,000 SF |
| Corridor | Interior |
| Zoning | C |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 36 | $164.76 CAD | - |
| Guest Room | 41 | $130.14 CAD | - |
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PROPERTY TAXES
| Parcel Number | 600077772 | Improvements Assessment | $680,420 CAD |
| Land Assessment | $157,972 CAD | Total Assessment | $838,392 CAD |
PROPERTY TAXES
Parcel Number
600077772
Land Assessment
$157,972 CAD
Improvements Assessment
$680,420 CAD
Total Assessment
$838,392 CAD
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La Quinta Inns & Suites | 5285 W 6th Ave
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