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Hotel-Motel

Fairfield Inn & Suites Stillwater

418 E Hall of Fame Ave, Stillwater, OK 74075

Listing Price: $3,600,000

Number of Rooms
62
RevPAR
$57
Gross SF
66,921
Price/Room
$58,065
Price/Gross SF
$53.79
Year Built
1995

Investment Overview

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 2018, 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. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the North-Central Oklahoma region.

Investment Highlights

  • Ideally Located off of U.S. Route 177, 1 Mile to Downtown Stillwater and 1 Hour from OKC & Tulsa
  • Less Than a Mile to OSU (25k+ Enrollment)
  • The OSU Campus Features the Boone Pickens Stadium (55k Seats), Nat'l Wrestling Hall of Fame, Botanic Gardens, Art Museum and More
  • 1 Mile from "The Hub" Development, a New Family Entertainment Center Coming to Stillwater
  • 25 Miles to Cushing, Oklahoma, Known as the "Pipeline Crossroads of the World" | Home to Newly Announced $5.5B Oil Refinery Development

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Hotel-Motel

Fairfield Inn & Suites Stillwater

Listing Price: $3,600,000

Number of Rooms
62
RevPAR
$57
Gross SF
66,921
Price/Room
$58,065
Price/Gross SF
$53.79
Year Built
1995

Investment Highlights

  • Ideally Located off of U.S. Route 177, 1 Mile to Downtown Stillwater and 1 Hour from OKC & Tulsa
  • Less Than a Mile to OSU (25k+ Enrollment)
  • The OSU Campus Features the Boone Pickens Stadium (55k Seats), Nat'l Wrestling Hall of Fame, Botanic Gardens, Art Museum and More
  • 1 Mile from "The Hub" Development, a New Family Entertainment Center Coming to Stillwater
  • 25 Miles to Cushing, Oklahoma, Known as the "Pipeline Crossroads of the World" | Home to Newly Announced $5.5B Oil Refinery Development

Investment Overview

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 2018, 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. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the North-Central Oklahoma region.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

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