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701 E Highway 3
Guymon, OK 73942
Holiday Inn Express & Suites Guymon · Hospitality Property For Sale · 47,490 SF
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 47,490 SF |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built/Renovated | 2009/2019 |
| Lot Size | 1.95 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.95 AC |
| Building Size | 47,490 SF |
| No. Stories | 3 |
| Year Built/Renovated | 2009/2019 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
About 701 E Highway 3 , Guymon, OK 73942
DO NOT CONTACT EMPLOYEES OR VISIT HOTELS WITHOUT PRIOR AUTHORIZATION The Holiday Inn Express Guymon is a 75 room, 3-story, upper-midscale hotel built in 2010 and completed renovation in 2019. With the recent completion of the Formula Blue property improvement plan issued by IHG, this investment provides a turnkey investment property for a new buyer with a stabilized NOI of over 40%. Strategically situated near the intersection of US Highways 412 and 54 in the largest city of the Oklahoma panhandle, this property is able to accommodate transient highway, destination, and corporate guests. With spacious accommodations including a heated indoor pool & whirpool, fitness facility, on-site business center, free high-speedWiFi throughout, this hotel well deserves a 4.5 star rating from TripAdvisor - currently ranking #3 of 10 hotels in Guymon. There is an attractive 5.5% interest rate, 20-year amortized, non-recourse loan in place that extends out until June 2026. The current balance is approximately $5,539,669M. **Update** Formula Blue PIP Expected Completion Date April 30, 2019. Qualifying Broker Tim Strange, CCIM, SIOR Newmark Grubb Levy Strange Beffort 204 North Robinson Ave, Suite 700 Oklahoma City, OK 73102 OK: #070710
PROPERTY TAXES
| Parcel Number | 700001302 | Improvements Assessment | $645,071 |
| Land Assessment | $19,164 | Total Assessment | $664,235 |
PROPERTY TAXES
zoning
| Zoning Code | C-2 |
| C-2 |
Learn More About Investing in Hospitality Properties
