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Holiday Inn Express & Suites Chickasha 2610 S 4th St

62 Room Hotel Chickasha, OK 73018 For Sale

Investment Highlights

  • Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
  • Chickasha's economy is well supported by oil, gas, and wind energy activity; however, the diverse local economy has a strong presence in the education
  • Proximate to the University of Science and Arts of Oklahoma (USAO), which generates demand from faculty, visiting lecturers, students, and families
  • Property is offered unencumbered by management and debt and at a significant discount to replacement cost.
  • The Chickasha Festival of Lights has been recognized as one of the top national holiday displays and draws more than 250,000 guests annually.
  • Proximate to Oklahoma City (the state’s largest city) and broader Oklahoma City area demand.

Executive Summary

RI Marketplace Online Auction Jan 20-22, 2025
Register to bid on Marketplace:
https://rimarketplace.com/auction/2259/reit-sale-holiday-inn-express-suites-chickasha-oklahoma-city-msa-?utm_source=costar
Alchemy Real Estate Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 62-room Holiday Inn Express & Suites in Chickasha, Oklahoma. The Property is offered for sale as part of an eight (8) property portfolio located across five (5) states in Illinois, Iowa, Kansas, Missouri and Oklahoma. All properties will be sold individually in the January 22nd Auction Event through RealInsight Marketplace.

The 8 properties include:
Holiday Inn Express & Suites: Jacksonville, Illinois
Holiday Inn Express & Suites: Mattoon, Illinois
Holiday Inn Express & Suites: Dubuque, Iowa
Holiday Inn Express & Suites: Emporia, Kansas
Holiday Inn Express & Suites: Nevada, Missouri
Holiday Inn Express & Suites: Bethany (OKC MSA), Oklahoma
Holiday Inn Express & Suites: Chickasha (OKC MSA), Oklahoma
Hampton Inn: Chickasha (OKC MSA), Oklahoma
Property Tours
Property tours are available on Tuesday, 1/7 and Wednesday, 1/8 by appointment only. Please reach out to Adam Montufar, amontufar@alchemyrea.com, to schedule.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.95 AC
Building Size 43,113 SF
No. Rooms 62
No. Stories 3
Year Built/Renovated 2004/2017
Tenancy Single
Parking Ratio 5.68/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 19 $144.00 -
Guest Room 43 $134.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0000-04-06N-07W-4-067-00
Land Assessment
$61,421
Improvements Assessment
$444,612
Total Assessment
$506,033

zoning

Zoning Code C-2 (General Commercial District)
C-2 (General Commercial District)
  • Listing ID: 33800769

  • Date on Market: 11/8/2024

  • Last Updated:

  • Address: 2610 S 4th St, Chickasha, OK 73018

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