Skip to main content

Hotel-Motel

Holiday Inn Express & Suites Perry

3002 Fir St, Perry, OK 73077

Listing Price: $5,250,000

Cap Rate
6.40%
Number of Rooms
67
RevPAR
$55
Gross SF
30,328
Price/Room
$78,358
Price/Gross SF
$173.11
Year Built
2009

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Holiday Inn Express & Suites Perry, Oklahoma a 67 key asset just renovated in June of 2025. located a short drive from Oklahoma State University in Stillwater and 30 minutes from Oklahoma City. With easy access to I-35, traveling to and from OKC.

There are plenty of local attractions to explore, such as the Cherokee Strip Museum. Golfers can tee off at Perry Country Club, while outdoor enthusiasts can take advantage of our proximity to Bluestem Hunting Reserve and scenic lakes like Perry Lake, CCC Lake, Lake McMurtry, and Sooner Lake. Our location near Charles Machine Works, Oklahoma Trans, Perry Memorial Hospital, Anheuser Busch, and Noble County offices makes us a convenient home base for business travel.

Investment Highlights

  • Formula Blue 2.0 PIP Just Completed June 2025
  • $26k Per Key of Capex Renovations Totaling $1.8M
  • RevPar Increase of +53% and $30+ in ADR YOY in the First Month Post PIP (June 2025)
  • Perry is Located on Interstate 35, with 32,000 VHD Passing Hotel Daily
  • Machine Works HQ – Global Manufacturer of Trench Equipment > 1 mile from Hotel ($760+M in annual revenue)
  • Other active industries in Perry: Oil & Gas and Farming & Agriculture (wheat, corn, soybeans, and cattle operations)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Hotel-Motel

Holiday Inn Express & Suites Perry

Listing Price: $5,250,000

Cap Rate
6.40%
Number of Rooms
67
RevPAR
$55
Gross SF
30,328
Price/Room
$78,358
Price/Gross SF
$173.11
Year Built
2009

Investment Highlights

  • Formula Blue 2.0 PIP Just Completed June 2025
  • $26k Per Key of Capex Renovations Totaling $1.8M
  • RevPar Increase of +53% and $30+ in ADR YOY in the First Month Post PIP (June 2025)
  • Perry is Located on Interstate 35, with 32,000 VHD Passing Hotel Daily
  • Machine Works HQ – Global Manufacturer of Trench Equipment > 1 mile from Hotel ($760+M in annual revenue)
  • Other active industries in Perry: Oil & Gas and Farming & Agriculture (wheat, corn, soybeans, and cattle operations)

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the Holiday Inn Express & Suites Perry, Oklahoma a 67 key asset just renovated in June of 2025. located a short drive from Oklahoma State University in Stillwater and 30 minutes from Oklahoma City. With easy access to I-35, traveling to and from OKC. There are plenty of local attractions to explore, such as the Cherokee Strip Museum. Golfers can tee off at Perry Country Club, while outdoor enthusiasts can take advantage of our proximity to Bluestem Hunting Reserve and scenic lakes like Perry Lake, CCC Lake, Lake McMurtry, and Sooner Lake. Our location near Charles Machine Works, Oklahoma Trans, Perry Memorial Hospital, Anheuser Busch, and Noble County offices makes us a convenient home base for business travel.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director / Chief Revenue Officer

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

MM Texture Background
MM Textured Background Lower