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Holiday Inn Express & Suites Guthrie North Ed 2227 E Oklahoma Ave 88 Room Hotel Guthrie, OK 73044 $6,900,000 ($78,409/Room)



INVESTMENT HIGHLIGHTS
- Formula Blue 2.0 PIP completed in September 2024 and new roof installed in October of 2024.
- With 4 months to go, the room revenue as of August 2025 is almost $258,000.00 more compared to that of August 2024.
- Considerable operational upside with repositioning a completely renovated property to meet market demand and gain competitive edge.
- Trailing Twelve-Month room revenue ending August 2025 is $1,906401.10. 2024 room revenue is $1,647,511.56
- The hotel is conservatively projected to do in excess of $1,900,000.00 and possibly closer to $2,000,000.00 by year end 2025.
- A new, 10-year license agreement with InterContinental Hotels Group (IHG).
EXECUTIVE SUMMARY
The hotel is located off Highway 33 (East Nobel Avenue) with excellent access and visibility from Interstate 35 to its immediate east, making it an attractive lodging option for leisure and transient guests from the approximately 34,000 interstate vehicles passing by daily and optimally located within 25 to 45 minutes south of Edmond and Oklahoma City, respectively, and 40 minutes from Stillwater to the northeast.
The hotel benefits from its proximity to Langston University, and from being situated in a stable, business friendly and rapidly growing city offering a regional airport, medical center, manufacturing, industrial, agricultural enterprises and an influx of tourism from the areas leisure demand like the Lazy E Arena, Guthrie’s renowned Historic District which includes 6 museums, the world’s largest Scottish Rite Masonic Temple, the Pollard Theatre, Double Stop Music Hall and the city’s arts district.
The Hotel was purchased by the current owner in May of 2022. A simple change in operational practices produced a consistent year-to-year increase in room revenue and profitability. Furthermore, from March 2023 through September 2024, ownership spent upwards of $2,500,000.00 on a hotel-wide renovation towards the Formula Blue 2.0 PIP. The hotel has since experienced a substantial increase in room revenue. As of October 31st, 2025, the room revenue is $1,680,236.34 and is almost $260,000.00 ahead compared to October 2024. With that said, the hotel is conservatively projected to do in excess of $1,900,000.00 by year-end 2025. The Trailing Twelve-Month room revenue ending October 2025 is $1,917,938.76.
Significant operational upside for a more engaged and hands-on operator to take an absentee-owned, recently renovated hotel and transform it into a successful venture through active management, marketing, strategic repositioning, and effective cost control to gain a competitive advantage.
The hotel is being offered below replacement cost at $78,409.09/Key. Construction of a similar hotel with comparable amenities would at best cost a minimum of $125,000/Key.
Hotel guests enjoy keyless entry options of the one king and double queen rooms and amenities such as a complimentary Wi-Fi, refrigerators, microwaves, and watch their shows on 43-inch HD flat screen TVs, and additionally on 55-inch TVs in suites. They additionally enjoy the convenience of an updated fitness center, a beautiful indoor pool, and guest laundry facilities.
The hotel's competition in the immediate area includes the Hampton Inn and Suites, La Quinta Inn and Suites and the Sleep Inn and Suites.
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
- Business Center
- Fitness Center
- Wheelchair Accessible
- Indoor Pool
- Meeting Event Space
- Public Access Wifi
ABOUT 2227 E OKLAHOMA AVE , GUTHRIE, OK 73044
The 88-room Holiday Inn Express and Suites in Guthrie, Oklahoma, was built in 2009 and is a well-maintained, 4-story, limited-service hotel in perfectly functional and rentable condition. The hotel features a room mix of 48 Kings and 40 Double Queens, which include 23 suites and 5 handicapped accessible rooms Guests enjoy convenient amenities such as free high-speed Wi-Fi, hair dryer, microwave, and mini-refrigerator, 43” flat-screen TV’s and common amenities that include a fitness center, indoor pool, guest laundry, and 1000 sf meeting room. The hotel is located off Highway 33 (East Nobel Avenue) with excellent access and visibility from Interstate 35 to its immediate east. It is within 25 and 45 minutes to the south from Edmond and Oklahoma City, respectively, and 40 minutes from Stillwater to the northeast.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 23 | $118.00 | - |
| Guest Room | 65 | $85.00 | - |
PROPERTY TAXES
| Parcel Number | 420050222 | Improvements Assessment | $463,664 |
| Land Assessment | $36,872 | Total Assessment | $500,536 |
PROPERTY TAXES
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Holiday Inn Express & Suites Guthrie North Ed | 2227 E Oklahoma Ave
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