Economy Hotel - Okmulgee

Okmulgee, OK

CA & Due Diligence Access

Property Overview

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Okmulgee totaling 14 guestrooms. The property is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire an economy hotel with existing in-place cash flow.


DISCOUNT TO REPLACEMENT COST

Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects.. Conversely, this property is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.

Investment Highlights

Unencumbered of Debt and Management
Discount to Replace Cost

Brokerage Team

Keith Thompson

Keith Thompson

Principal - Hospitality Group
Avison Young
+1 404 307 5116
Christopher Kilcullen

Christopher Kilcullen

Senior Hospitality Broker
Avison Young
+1 303 250 8338
Matt Wilkins

Matt Wilkins

Senior Hospitality Broker
Avison Young - US - GA - Atlanta
GA 373379
7062808020
Jeremy Cabe

Jeremy Cabe

Associate Broker / Marketing
Avison Young - US - GA - Atlanta
478-394-2990