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425 S George Nigh Expy
McAlester, OK 74501

Candlewood Suites McAlester · Hospitality Property For Sale · 89 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.13 AC
Building Size 48,480 SF
No. Rooms 89
No. Stories 4
Year Built 2009
Parking Ratio 1.71/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

About 425 S George Nigh Expy , McAlester, OK 74501

Property Overview: The Candlewood Suites McAlester contains 89 well-appointed guestrooms spanning throughout four stories. Built in 2009, this extended-stay midscale hotel is located on a sprawling 2.13-acre site with ample parking located around the property. Spacious guestrooms offer numerous in-room amenities that include a microwave, full-sized refrigerator, kitchen with a stovetop and cookware, dishwasher, a work desk, separate seating area, and a flat-screen television with premium channels. The hotels common area features a multitude of amenities that consist of a fitness center, business center, library, convenience store, and self-service laundry. Location Overview: McAlester, Oklahoma, an ever-expanding city in the heart of Pittsburg County, is conveniently positioned 95 miles south of Tulsa and 125 miles southeast of Oklahoma City. The Candlewood Suites McAlester is ideally located off South George Nigh Expressway near East Comanche Avenue and East Wade Watts Avenue. With the city’s major employers and popular revenue generators nearby, this sought-after property has benefitted from the key industries of the city including oil & gas, healthcare & social assistance, and manufacturing. McAlester Army Ammunition Plant and the Oklahoma State Penitentiary, two of the city’s largest employers approximately 12 and 4.1 miles respectively from the hotel, are some of the prime revenue drivers for this location. Other key employers, that are responsible for a significant portion of the work force, include McAlester Regional Health Center (1.9 miles), Spirit Aerostructures (2.2 miles), and the National Oilwell Varco Inc (2.3 miles). Nearby revenue generators, like McAlester Expo Center (5.7 miles) and the Choctaw Casino McAlester (3.8 miles), increase travel in the area which is responsible for an increase in the hotels overall revenue. Additional demand drivers for the city include the Epic Cinema McAlester (2.1 miles), and McAlester Scottish Rite Center (2.2 miles).

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 89 $96.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0100-00-503-000-0-000-00
  • 0100-00-503-008-0-008-06
Land Assessment
$81,802
Improvements Assessment
$397,798
Total Assessment
$479,600

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 13764379

  • Date on Market: 9/12/2018

  • Last Updated:

  • Address: 425 S George Nigh Expy, McAlester, OK 74501

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