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Sands Inn & Suites 2325 Oklahoma Ave

67 Room Hotel Woodward, OK 73801 $2,050,000 ($30,597/Room)

Investment Highlights

  • 67 rooms, including 41 with full kitchens, ideal for extended stays.
  • No PIP
  • Location & Accessibility:
  • No Franchise, higher Net Operating Income
  • ADA-compliant rooms ensuring accessibility for all
  • Near dining and shopping options for resident needs

Executive Summary

The Sands: Crafted for Comfort, Built for Savings
Unlike traditional hotels, The Sands understands the needs of extended-stay guests. With 41 rooms featuring fully equipped kitchens, residents can enjoy home-cooked meals, reducing dependence on expensive restaurants. Whether it's a business trip stretching into weeks or a temporary relocation, The Sands provides a cost-effective sanctuary:
Kitchens in select rooms: So guests can: Prepare delicious meals, save on dining expenses, and enjoy the comforts of home.
Laundry facilities on-site: Cash revenue and guest amenities
Flexible housekeeping options: Choose the cleaning frequency that suits your needs and budget.
No franchise fees: Benefit from lower operational costs compared to franchise hotels, maximizing your return on investment.
Spacious rooms: Enjoy ample living space, perfect for unwinding after a long day.
Pet-friendly accommodations: Bring your furry companions along, creating a true home away from home.
Prime location: Explore Woodward's vibrant offerings, conveniently located minutes away.
Thriving Market, Prime Investment
Woodward's energy sector and growing tourism industry fuel a consistent demand for extended-stay accommodations. The Sands, with its unique combination of affordability, comfort, and community spirit, is perfectly positioned to capitalize on this trend.
Ready to Unlock Your Investment Potential?
The Sands is more than just a property; it's an opportunity to tap into a thriving market and deliver a valuable service to the community. Contact me, Vik Desai, to explore the potential of The Sands and turn your vision into reality. Remember, well-located extended-stay properties like this are in high demand.

Property Facts

Price $2,050,000
Price Per Room $30,597
Sale Type Investment
Sale Conditions
Distress Sale
  • 1031 Exchange
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 1.77 AC
Building Size 37,769 SF
No. Rooms 67
No. Stories 2
Year Built/Renovated 2010/2014
Parking Ratio 2.32/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 67 $72.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0410-35-23N-21W-1-102-00
Land Assessment
$15,010
Improvements Assessment
$86,895
Total Assessment
$101,905

zoning

Zoning Code C3 (C3 (Regional Commercial) Zone permits a wide range of regional commercial activities generating large amounts of employment and traffic)
C3 (C3 (Regional Commercial) Zone permits a wide range of regional commercial activities generating large amounts of employment and traffic)
  • Listing ID: 30911628

  • Date on Market: 2/8/2024

  • Last Updated:

  • Address: 2325 Oklahoma Ave, Woodward, OK 73801

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