Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express Jenks Tulsa-South, a four-story limited service hotel located in Jenks, Oklahoma. The property is ideally located walking distance to the Oklahoma Aquarium and 10 miles south of Downtown Tulsa, which brought nearly 10 million visitors in 2019. The market is host to several museums, sporting venues and other attractions including the River Spirit Casino, Expo Square/Tulsa State Fair, and Tulsa Raceway Park. The hotel's 76 guest rooms include a flat-screen TV, work desk and closet. Hotel amenities include a heated indoor pool & spa, fitness center, outdoor patio with seating and complimentary breakfast. Business amenities include a business center and 7,888 square feet of meeting space. The Holiday Inn Express Jenks Tulsa-South represents the opportunity to acquire an IHG-branded hotel in a desirable market near several demand drivers. Our Pro Forma analysis assumes market recovery to pre-pandemic levels by year two, then continued modest growth supported by the increasing population and demand growth in the Tulsa region.