EXECUTIVE INN5010 W 6TH AVESTILLWATER, OK 74074
Zafar IqbalAssociate [email protected]
SVN | INTERWEST | 7501 BROADWAY EXTENSION, OKLAHOMA CITY, OK 73116-9015 OFFERING MEMORANDUM
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
PROPERTY OVERVIEW
Located half mile from Oklahoma State University Campus, Boone Pickens Stadium and Gallagher Iba AreanaSteel and Masonry Construction27,066 SF gross area on a 2.09 acre site.High traffic area with quality surrounding retail, hospitality and restur
PROPERTY HIGHLIGHTS
OFFERING SUMMARY
Sale Price: $1,500,000
Building Size: 27,066 SF
Lot Size: 2.09 Acres
Price / SF: $55.42
Year Built: 1983
Zoning: Commercial
Market: Hospitality
Submarket: Motel
APN: 19N02E182SZ9990000264
Property Summary
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 3The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
The property is located on State highway 51.Located half mile from Oklahoma State University Campus, Boone Pickens Stadium and Gallagher IbaAreanaSteel and Masonry Construction27,066 SF gross area on a 2.09 acre site.High traffic area with quality surrounding retail, hospitality and restaurants
PROPERTY OVERVIEW
Property Description
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
SALE HIGHLIGHTS
• Located half mile from Oklahoma State University Campus, Boone Pickens
Stadium and Gallagher Iba Arena.
• High traffic area with quality surrounding restaurants retail and hospitality.
• Former Day Inns
• Located on W 6th Ave The Property is priced at $1,500,000 or 21,126 price per
room. This represent 3.75 times multiplier on a revenue of 2019 room revenue.
The property is with average occupancy of 54.50%
INVESTMENT HIGHLIGHTS
INVESTMENTS HIGHLIGHTS• No PIP!
• The bed were replaced in 2014 with metal frame
• Carpet replaced last year
• The property is located one mile from the nation largest Student Union,
Heritage Hall Museum and National Wrestling Hall of Fame.
Complete Highlights
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Regional Map
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Maps
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Executive Inn
Aerial Map
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
1 MILE 5 MILES 10 MILES
Total population 2,830 37,583 61,720
Median age 31.8 26.3 26.9
Median age (male) 29.4 25.3 26.1
Median age (female) 35.0 27.7 27.7
Total households 1,081 13,753 23,565
Total persons per HH 2.6 2.7 2.6
Average HH income $83,773 $49,043 $47,619
Average house value $230,239 $202,545 $171,782
* Demographic data derived from 2010 US Census
Demographics Report
EXECUTIVE INN | 5010 W 6TH AVE STILLWATER, OK 74074 SVN | InterWest | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 5 MILES 10 MILES
Total population 2,830 37,583 61,720
Median age 31.8 26.3 26.9
Median age (Male) 29.4 25.3 26.1
Median age (Female) 35.0 27.7 27.7
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total households 1,081 13,753 23,565
# of persons per HH 2.6 2.7 2.6
Average HH income $83,773 $49,043 $47,619
Average house value $230,239 $202,545 $171,782
* Demographic data derived from 2010 US Census
Demographics Map
All SVN® Offices Independently Owned & Operated | 2020 All Right Reserved
7501 Broadway ExtensionOklahoma City, OK 73116-9015
405.546.9079https://www.svn.com
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