Hampton Inn Chickasha (OKC MSA) OK

Highlights

• Fee simple interest in the 63-room Hampton Inn in Chickasha, Oklahoma, within the Oklahoma City MSA
• The asset will be available for purchase in the January 22nd auction event via RI Marketplace
• Offered for sale as part of an eight-property (8) portfolio, with all properties being sold individually
• Strong operational upside in transitioning the asset out of institutional ownership and third-party management
• Property is offered unencumbered by management and debt and at a significant discount to replacement cost
• Located along Interstate 44 and U.S. Route 81, which boasts an average daily traffic of approximately 25,000 vehicles and serves as a key route between Oklahoma City and Lawton, making it a convenient stopover for travelers
• Chickasha's economy is supported by oil, gas, and wind energy activity; however, the diverse local economy has a strong presence in the education and transportation sectors, as well as the manufacturing and agricultural industries
• Local leisure demand includes the Grady County Fairgrounds, Shannon Springs Park, and the Chickasha Sports Complex
• The Chickasha Festival of Lights has been recognized as one of the top national holiday displays and draws more than 250,000 guests annually
• Proximate to the University of Science and Arts of Oklahoma (USAO), which generates demand from faculty, visiting lecturers, students, and families attending campus events or sports tournaments
• Proximate to Oklahoma City (less than 45 minutes), the state’s largest city, offering overflow lodging for events and activities in Oklahoma City while providing more affordable accommodations
• The Oklahoma Department of Aerospace & Aeronautics has proposed a $300 million, five-year airport redevelopment plan, with the largest investment benefiting Oklahoma City’s Will Rogers International Airport

Location

Getting Around

• Walk Score ®

  28/100 Car-Dependent

• Bike Score ®

  30/100 Somewhat Bikeable

Points of Interest