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Hotel-Motel

Holiday Inn Express & Suites Bartlesville

4016 Price Rd, Bartlesville, OK 74006

Listing Price: $6,800,000

Cap Rate
8.90%
Number of Rooms
90
RevPAR
$53
Gross SF
51,653
Price/Room
$75,556
RRM
3.80
Price/Gross SF
$131.65
Year Built
2008

Investment Overview

Marcus & Millichap has been chosen to exclusively market the Holiday Inn Express & Suites Bartlesville, this property opened in 2008 and was renovated in 2022 with a Formula Blue 2.0 PIP. it is a four story interior corridor property contains 90 rooms. Hotel amenities include free breakfast, indoor pool, fitness center and business center.

Holiday Inn Express & Suites is at a prime location, located right off Highway 75. The property also benefits from other local attractions; being within 30 miles from the Tulsa International Airport, and is also nearby other attractions such as Osage Casino, Oklahoma Wesleyan University, Historic Price Tower, Phillips Petroleum Museum (Phillips 66), Woolaroc Ranch.

Investment Highlights

  • Formula Blue 2.0 PIP completed (2023)
  • Significant upside for owner operator
  • Priced at 3.7x RRM
  • Located right off Highway 75
  • 30 miles from Tulsa International Airport
  • Nearby Attractions: Osage Casino, Oklahoma Wesleyan University, Historic Price Tower, Phillips Petroleum Museum (Phillips 66), Woolaroc Ranch

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Hotel-Motel

Holiday Inn Express & Suites Bartlesville

Listing Price: $6,800,000

Cap Rate
8.90%
Number of Rooms
90
RevPAR
$53
Gross SF
51,653
Price/Room
$75,556
RRM
3.80
Price/Gross SF
$131.65
Year Built
2008

Investment Highlights

  • Formula Blue 2.0 PIP completed (2023)
  • Significant upside for owner operator
  • Priced at 3.7x RRM
  • Located right off Highway 75
  • 30 miles from Tulsa International Airport
  • Nearby Attractions: Osage Casino, Oklahoma Wesleyan University, Historic Price Tower, Phillips Petroleum Museum (Phillips 66), Woolaroc Ranch

Investment Overview

Marcus & Millichap has been chosen to exclusively market the Holiday Inn Express & Suites Bartlesville, this property opened in 2008 and was renovated in 2022 with a Formula Blue 2.0 PIP. it is a four story interior corridor property contains 90 rooms. Hotel amenities include free breakfast, indoor pool, fitness center and business center. Holiday Inn Express & Suites is at a prime location, located right off Highway 75. The property also benefits from other local attractions; being within 30 miles from the Tulsa International Airport, and is also nearby other attractions such as Osage Casino, Oklahoma Wesleyan University, Historic Price Tower, Phillips Petroleum Museum (Phillips 66), Woolaroc Ranch.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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