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Best Western Plus Wewoka Inn & Suites 201 Commerce Dr

52 Room Hotel Wewoka, OK 74884 $4,200,000 ($80,769/Room)

Investment Highlights

  • Potential Owner Financing
  • Historic Area
  • Priced below 3.2X 2022 Room Revenue 

Executive Summary

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.
^ Built in 2016
^ Priced below 3.2X 2022 Room Revenue 
^ Historic Area
^ Possible Owner Financing (subject to approved credit and terms)
Please contact Peter Holmes for all tours. Please do not visit the hotel without signing a CA & making an appointment with the listing broker.

Property Facts

Price $4,200,000
Price Per Room $80,769
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

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 25 $110.00 -
Guest Room 27 $77.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7030-00-002-001-0-000-00
Land Assessment
$1,254
Improvements Assessment
$462,020
Total Assessment
$463,274

zoning

Zoning Code C2
C2
  • Listing ID: 29991605

  • Date on Market: 11/7/2023

  • Last Updated:

  • Address: 201 Commerce Dr, Wewoka, OK 74884

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