Holiday Inn Express | 7840 NW 39th Expy
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Holiday Inn Express 7840 NW 39th Expy
69 Room Hotel Bethany, OK 73008 For Sale
Investment Highlights
- Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
- Bethany benefits from being approximately 12 miles northwest from OKC, the state’s largest city, which provides a balanced mix of business, educationa
- Corporate and business demand driven by major employers including Tinker Air Force Base, Devon Energy, Chesapeake Energy and Boeing and Amazon distrib
- Property is offered unencumbered by management and debt and at a significant discount to replacement cost.
- Conveniently located less than 10 miles from Will Rogers World Airport, which handled over 3.9m passengers in 2022 and supports over 17,000 jobs
- Located one mile from Southern Nazare University and within proximity to University of Oklahoma Health Sciences Center
Executive Summary
Alchemy Real Estate Advisors is pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in the 69-room Holiday Inn Express & Suites in Bethany, Oklahoma (Oklahoma City (OKC) MSA). 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
Lamar P. Fisher, Auctioneer
Fisher Auction Company Inc.
Property tours are available on Thursday, 1/9 by appointment only. Please reach out to Adam Montufar, amontufar@alchemyrea.com, to schedule.
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
Lamar P. Fisher, Auctioneer
Fisher Auction Company Inc.
Property tours are available on Thursday, 1/9 by appointment only. Please reach out to Adam Montufar, amontufar@alchemyrea.com, to schedule.
Property Facts
| Sale Type | Investment | No. Rooms | 69 |
| Property Type | Hospitality | Number of Floors | 3 |
| Property Subtype | Hotel | Year Built | 2007 |
| Building Class | B | Tenancy | Single |
| Lot Size | 3.73 AC | Parking Ratio | 2.3/1,000 SF |
| Building Size | 46,551 SF | Corridor | Interior |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.73 AC |
| Building Size | 46,551 SF |
| No. Rooms | 69 |
| Number of Floors | 3 |
| Year Built | 2007 |
| Tenancy | Single |
| Parking Ratio | 2.3/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 17 | £87.92 | - |
| Guest Room | 52 | £70.65 | - |
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PROPERTY TAXES
| Parcel Number | 177363740 | Improvements Assessment | £139,885 |
| Land Assessment | £32,813 | Total Assessment | £172,698 |
PROPERTY TAXES
Parcel Number
177363740
Land Assessment
£32,813
Improvements Assessment
£139,885
Total Assessment
£172,698
zoning
| Zoning Code | Commercial (Commercial) |
| Commercial (Commercial) |
-
Adam Montufar -
Joseph Cuomo -
Bennett Webster -
Brent Clemens -
Alchemy Real Estate Advisors, LLC
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Holiday Inn Express | 7840 NW 39th Expy
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