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34314494
34314496

120 West 18th Street, Grove, OK 74344 For Sale

TS
OK 149994, TX 9002994
Marcus & Millichap - Oklahoma City
MK
AZ AZ SA690247000
Marcus & Millichap - Phoenix
MT
AZ SA707458000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Oklahoma City, Marcus & Millichap - Phoenix
$4,700,000
9 days on market
Updated 8 days ago

Best Western TimberRidge Inn - Grand Lake Oklahoma

Details
Property Type Hospitality
Sub Type Hotel
Keys 46
Cap Rate 12.10%
NOI $574,000
Occupancy 73%
Brand/Tenant Best Western
Year Built 1997
Year Renovated 2024
Stories 2
Acreage 3.000
Investment Type Stabilized

Improved Financials • 3× Room Revenue • 12% In-Place Cap Rate

Marketing description

Broker Contact:

Michael Taddeo (602) 402-2320

[email protected]

Data Room:

https://www.marcusmillichap.com/properties/164010/best-western-timberridge-inn

Investment Highlights

  • Conventional, SBA 504 & 7(a), and other financing options available
  • Approximately 12% In-Place Cap Rate | $574K TTM NOI (May 2026)
  • Priced at Approximately 3.2× Room Revenue
  • $1.475M+ TTM Revenue (May 2026)
  • +$120K Revenue Growth Through May 2026 (+23% TTM)
  • Best Western Auto-Transfer Eligible (No Change-of-Ownership PIP)
  • Six-Time M.K. Guertin Award Recipient – Best Western’s Highest Honor
  • One of Only Two Branded Hotels Serving the Grand Lake Market
  • Grand Lake Destination Market | 1.8M+ Annual Visitors
  • 50,000 SF Wolf Creek Expo Center, Driving Year Round Event Demand
  • First Time Ever Available Since Original 1997 Ownership

Investment highlights

UPDATED PERFORMANCE

✓ $1.475M+ TTM Revenue (May 2026)

✓ +$120K Revenue Growth Through May 2026

✓ 50,000 SF Wolf Creek Expo Center Now Open

✓ No Change-of-Ownership PIP Required

✓ Best Western Auto-Transfer Eligible

Listing Contacts

TS
OK 149994, TX 9002994
Marcus & Millichap - Oklahoma City
MK
AZ AZ SA690247000
Marcus & Millichap - Phoenix
MT
AZ SA707458000
Marcus & Millichap - Phoenix
Listed by Marcus & Millichap - Oklahoma City, Marcus & Millichap - Phoenix

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$574,000.00
$47,833.33/mo

Valuation Metrics

0
DSCR
12.21%
Cap Rate
12.21%
ROI

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Additional Information

Name
Tim Speck
License
149994
Brokerage
Marcus & Millichap
Brokerage Phone
(972) 755-5250
Title
Broker of Record
Brokerage Address
5001 Spring Valley Rd., Ste. 11 00 W Dallas, TX 75244
Name
Tim Speck
License
149994
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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