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Days Inn & Suites Tahlequah 701 Holiday Dr

62 Room Hotel Tahlequah, OK 74464 $3,050,000 ($49,194/Room)

Investment Highlights

  • . This hotel is less than 5 miles from Northeastern State University.
  • From March 2023 to June 2023, the hotel was shut down for complete renovations.

Executive Summary

The Sellers bought the Tahlequah Days Inn in July 2022.
1. They ran limited rooms as Days Inn without renovations from Nov. 2022 through Feb. 2023.
2. From March 2023 to June 2023, the hotel was shut down for complete renovations.
3. This hotel is less than 5 miles from Northeastern State University (NSU)
4. Illinois River is less than 10 miles from the hotel
5. Ten Killer Lake is 19 miles

Property Facts

Price $3,050,000
Price Per Room $49,194
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.13 AC
Building Size 15,811 SF
No. Rooms 62
No. Stories 2
Year Built/Renovated 1997/2021
Parking Ratio 4.43/1,000 SF
Corridor Interior
Opportunity Zone Yes

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 12 $95.00 -
Guest Room 50 $74.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3999-33-17N-22E-0-053-00
Land Assessment
$4,686
Improvements Assessment
$187,996
Total Assessment
$192,682

zoning

Zoning Code C1 (Hospitality)
C1 (Hospitality)
  • Listing ID: 31622918

  • Date on Market: 4/26/2024

  • Last Updated:

  • Address: 701 Holiday Dr, Tahlequah, OK 74464

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