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Hotel-Motel

Comfort Inn & Suites Muskogee

3031 Military Blvd, Muskogee, OK 74401

Listing Price: $5,500,000

Cap Rate
9.73%
Number of Rooms
68
RevPAR
$65
Gross SF
125,888
Price/Room
$80,882
RRM
3.40
Price/Gross SF
$43.69
Year Built
2002

Investment Overview

The Comfort Inn & Suites Muskogee is a recently renovated, 68-key interior-corridor hotel offering strong in-place cash flow with minimal near-term capital requirements. Following an approximately $2 million renovation completed in 2025 ($30K/key), the asset offers a turnkey acquisition opportunity with no change-of-ownership PIP required, approximately 15 years remaining on the Choice franchise agreement, and more than 2,000 square feet of banquet and meeting space.

The property is currently generating approximately $535K in TTM NOI, representing a 9.73% in-place cap rate at the $5.5 million asking price. NOI has increased more than 100% since 2024, while the hotel's 83.8% RevPAR index indicates measurable additional upside through continued ADR and revenue growth. Combined with a below-replacement-cost basis and limited near-term capital exposure, the offering provides compelling in-place yield with additional operational upside.

Muskogee is entering a significant new investment cycle, with more than $15 billion in active and announced investment across AI and data infrastructure, energy, advanced manufacturing, logistics, and public infrastructure. Major projects involving Google, Core Scientific/CoreWeave, Stardust Power, Polaris Technologies, and the Port of Muskogee are creating a multi-year pipeline of construction, engineering, vendor, and permanent operating demand—adding a new layer of potential lodging demand to an already diversified regional economy.

Investment Highlights

  • $2M Renovation | Includes 2,000+ SF Banquet & Meeting Building (Attached)
  • $255K+ Cash Flow After Annual Debt Payment
  • Muskogee – $15B+ Investment Corridor Driving Lodging Demand for 7-10+ years
  • Turnkey Hotel Opportunity | $0 Buyer PIP
  • NOI +101% Since 2024 | Post-Renovation Momentum
  • 83.8% RevPAR Index | Rate & Revenue Upside Remaining

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Hotel-Motel

Comfort Inn & Suites Muskogee

Listing Price: $5,500,000

Cap Rate
9.73%
Number of Rooms
68
RevPAR
$65
Gross SF
125,888
Price/Room
$80,882
RRM
3.40
Price/Gross SF
$43.69
Year Built
2002

Investment Highlights

  • $2M Renovation | Includes 2,000+ SF Banquet & Meeting Building (Attached)
  • $255K+ Cash Flow After Annual Debt Payment
  • Muskogee – $15B+ Investment Corridor Driving Lodging Demand for 7-10+ years
  • Turnkey Hotel Opportunity | $0 Buyer PIP
  • NOI +101% Since 2024 | Post-Renovation Momentum
  • 83.8% RevPAR Index | Rate & Revenue Upside Remaining

Investment Overview

The Comfort Inn & Suites Muskogee is a recently renovated, 68-key interior-corridor hotel offering strong in-place cash flow with minimal near-term capital requirements. Following an approximately $2 million renovation completed in 2025 ($30K/key), the asset offers a turnkey acquisition opportunity with no change-of-ownership PIP required, approximately 15 years remaining on the Choice franchise agreement, and more than 2,000 square feet of banquet and meeting space. The property is currently generating approximately $535K in TTM NOI, representing a 9.73% in-place cap rate at the $5.5 million asking price. NOI has increased more than 100% since 2024, while the hotel's 83.8% RevPAR index indicates measurable additional upside through continued ADR and revenue growth. Combined with a below-replacement-cost basis and limited near-term capital exposure, the offering provides compelling in-place yield with additional operational upside. Muskogee is entering a significant new investment cycle, with more than $15 billion in active and announced investment across AI and data infrastructure, energy, advanced manufacturing, logistics, and public infrastructure. Major projects involving Google, Core Scientific/CoreWeave, Stardust Power, Polaris Technologies, and the Port of Muskogee are creating a multi-year pipeline of construction, engineering, vendor, and permanent operating demand—adding a new layer of potential lodging demand to an already diversified regional economy.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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