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Hotel-Motel

Holiday Inn Express & Suites Muskogee, an IHG Hotel

2701 W Shawnee St, Muskogee, OK 74401

Listing Price: $6,500,000

Cap Rate
8.20%
Number of Rooms
70
RevPAR
$64
Gross SF
40,000
Price/Room
$92,857
Price/Gross SF
$162.50
Year Built
2006

Investment Overview

With the exclusive right to sell, Marcus & Millichap is proud to present the Holiday Inn Express & Suites Muskogee. This 3-Story, 70 key, interior corridor IHG property was renovated in 2023 with clean, modern finishes. Each room is complete with black-out shades, triple-sheeted beds, a flat screen TV, a private bathroom, a microwave, mini fridge and coffee maker. The property also offers great amenities including a heated indoor pool, a continental breakfast buffet, a market place shop, as well as on-site laundry, fitness, and business facilities and complimentary parking and WiFi.

Ideally located in historic Muskogee, Oklahoma, guests at the Holiday Inn Express & Suites can easily explore nearby historical sites, museums and parks. All less than five miles from the property, some of the main attractions include the Oklahoma Music Hall of Fame, The U.S.S. Baitfish, and Three Rivers Museum. Honor Heights Park transforms for visitors twice a year - home to the world-famous Azalea Festival in the spring and the Garden of Lights in the wintertime.

Investment Highlights

  • Formula Blue PIP Completed 2023
  • 8.2% Cap Rate
  • Located in Close Proximity to US Highway 69, 64, and 62

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s) OK: 206118

    Oklahoma

Hotel-Motel

Holiday Inn Express & Suites Muskogee, an IHG Hotel

Listing Price: $6,500,000

Cap Rate
8.20%
Number of Rooms
70
RevPAR
$64
Gross SF
40,000
Price/Room
$92,857
Price/Gross SF
$162.50
Year Built
2006

Investment Highlights

  • Formula Blue PIP Completed 2023
  • 8.2% Cap Rate
  • Located in Close Proximity to US Highway 69, 64, and 62

Investment Overview

With the exclusive right to sell, Marcus & Millichap is proud to present the Holiday Inn Express & Suites Muskogee. This 3-Story, 70 key, interior corridor IHG property was renovated in 2023 with clean, modern finishes. Each room is complete with black-out shades, triple-sheeted beds, a flat screen TV, a private bathroom, a microwave, mini fridge and coffee maker. The property also offers great amenities including a heated indoor pool, a continental breakfast buffet, a market place shop, as well as on-site laundry, fitness, and business facilities and complimentary parking and WiFi. Ideally located in historic Muskogee, Oklahoma, guests at the Holiday Inn Express & Suites can easily explore nearby historical sites, museums and parks. All less than five miles from the property, some of the main attractions include the Oklahoma Music Hall of Fame, The U.S.S. Baitfish, and Three Rivers Museum. Honor Heights Park transforms for visitors twice a year - home to the world-famous Azalea Festival in the spring and the Garden of Lights in the wintertime.

Exclusively Listed By

Broker of Record

  • Steve Greer

    Associate Regional Manager

    (918) 294-6300

    License(s): OK: 206118

    Oklahoma

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