Fairfield Inn & Suites Stillwater, OK

Listing Agents

Mason McDavid
T | 512.543.4653
mmcdavid@paramountlodging.com

Adam Montufar
T | 515.446.4181
amontufar@paramountlodging.com

Detailed Information
Property Highlights

UNDER CONTRACT

  • Fee simple interest in the institutionally owned and third-party managed Fairfield Inn & Suites Stillwater Oklahoma offered at a substantial discount to replacement cost
  • Available for individual sale as part of a larger 18-property institutional portfolio sale in the August 4th auction event via Ten-X
  • Offered unencumbered of debt and management and at a significant discount to replacement cost
  • Ability to retain the Fairfield flag for a long-term license upon brand approval and completion of the PIP
  • Significant operating improvements prospects following the completion of the PIP and transferring to a regional owner/operator model with strong local economies of scale
  • Ideally situated less than a mile from Boone Pickens Stadium and Oklahoma State University, the MSA’s largest demand generator, where the hotel benefits from fall football games, move-in weekend, as well as spring sports, and graduation activities
  • Proximate to all regional demand in Stillwater including Oklahoma State University, Boone Pickens Stadium, National Wrestling Hall of Fame, OSU Museum of Art, Stillwater History Museum, and the Tumbleweed Dancehall and Concert Arena
  • Optimal time to be investing in Oklahoma with continued positive outlook on the regional oil and gas sector as well as continued growth and development at Oklahoma State University
Location