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Days Inn & Suites Tahlequah 701 Holiday Dr

62 Room Hotel Tahlequah, OK 74464 £2,386,473 (£38,491/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 £2,386,473 Building Size 15,811 SF
Price Per Room £38,491 No. Rooms 62
Sale Type Investment Number of Floors 2
Property Type Hospitality Year Built/Renovated 1997/2021
Property Subtype Hotel Parking Ratio 4.43/1,000 SF
Building Class C Corridor Interior
Lot Size 2.13 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £2,386,473
Price Per Room £38,491
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
Number of Floors 2
Year Built/Renovated 1997/2021
Parking Ratio 4.43/1,000 SF
Corridor Interior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 12 £74.33 -
Guest Room 50 £57.90 -
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PROPERTY TAXES

Parcel Number 3999-33-17N-22E-0-053-00 Improvements Assessment £147,097
Land Assessment £3,667 Total Assessment £150,764

PROPERTY TAXES

Parcel Number
3999-33-17N-22E-0-053-00
Land Assessment
£3,667
Improvements Assessment
£147,097
Total Assessment
£150,764

zoning

Zoning Code C1 (Hospitality)
C1 (Hospitality)
(818) 334-2111

Contacts

  • Majid Radaei
    Majid Radaei
  • Kamlesh Aggarwal
    Kamlesh Aggarwal

  • Listing ID: 31622918

  • Date on Market: 26/04/2024

  • Last Updated:

  • Address: 701 Holiday Dr, Tahlequah, OK 74464

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© 2024 CoStar Group

Days Inn & Suites Tahlequah | 701 Holiday Dr
(818) 334-2111 x

Days Inn & Suites Tahlequah | 701 Holiday Dr

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Majid Radaei

(818) 334-2111

(818) 334-2111

Kamlesh Aggarwal

(918) 260-5286

(918) 260-5286

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