Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Holiday Inn Express & Suites Stillwater University Area, a three-story hotel located in Stillwater, Oklahoma. Built in 2016, the hotel offers amenities including an outdoor pool, fitness center, complimentary breakfast, guest laundry facilities, sundry shop and more. Business amenities include a business center and 1,400 square feet of meeting space. The property is ideally located one hour from both Oklahoma City and Tulsa. The hotel benefits from its location near the Oklahoma State University campus. The university enrolls more than 24,000 students and is home to the 55,000-seat Boone Pickens Stadium, a top sports and entertainment destination in the area. The Holiday Inn Express & Suites Stillwater University Area represents the opportunity to acquire a franchised hotel in a stable market at a reasonable price. A savvy investor will have the opportunity to acquire a business that has not yet reached its peak in sales revenue and improve efficiencies. Our Pro Forma analysis assumes continued modest RevPAR growth over the next several years supported by the increasing population and demand growth in the region.