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SureStay Plus by Best Western Lawton 1125 E Gore Blvd

130 Room Hotel Lawton, OK 73501 For Sale

Investment Highlights

  • 2023 Room Revenue exceeded $1.3M
  • Immediately adjacent to Comanche Nation Casino
  • Fantastic location immediately on I-44 exit
  • Located in a Federal Opportunity Zone

Executive Summary

• 2023 Room Revenue exceeded $1.3M
• Fantastic location immediately on I-44 exit
• Immediately adjacent to Comanche Nation Casino
• Located in a Federal Opportunity Zone
• 200-seat convention center and ballroom
LENDER DRIVEN SALE. The 130 room SureStay Plus by Best Western is positioned immediately next door to the Comanche Nation Casino just off I-44 in Lawton, Oklahoma. The hotel features large guest rooms and 20 two-room “high-roller” suites with both indoor and outdoor pools. Additionally, the hotel is well located in proximity to the other major demand generators including Fort Sill, the Army’s sole artillery training base that graduates basic training nearly every week of the year.
Lawton has a number of large corporate operations which include Bar-S Foods Company, Goodyear Tire & Rubber Company, and Southwestern Medical Center. It is a regional hub for medical, banking and shopping resources. As well as corporate clientele, there is a large base of leisure business with major sporting events and high tourist demand from the nearby scenic U.S. Wichita Mountains Wildlife Refuge. The two story, interior corridor hotel includes a complimentary hot breakfast, fitness center, indoor pool, outdoor pool, guest laundry and business center. There is also a presently shuttered restaurant and bar.
The current first mortgage holder will consider financing the hotel with buyer qualification and acceptable terms. Seeking realistic offers with the ability to close quickly.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 5.00 AC
Building Size 65,000 SF
No. Rooms 130
No. Stories 2
Year Built/Renovated 1972/2004
Parking Ratio 3.62/1,000 SF
Corridor Exterior
Opportunity Zone Yes

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 20 $155.00 -
Guest Room 110 $88.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0039947
Land Assessment
$103,750
Improvements Assessment
$345,075
Total Assessment
$448,825

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 32323583

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 1125 E Gore Blvd, Lawton, OK 73501

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