3002 W Fir St - Hospitality FOR SALE


Perry, OK 73077
$5,250,000 USD
480-567-6853
3002 W Fir St, Perry, OK for Sale
$5,250,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

3002 W Fir St
Perry, OK 73077


HIGHLIGHTS

  • Formula Blue 2.0 PIP Just Completed June 2025
  • $26K Per Key of Capex Renovations Totaling $1.8M
  • RevPar Increase of 53% and $30+ in ADR YOY in the first Month Post PIP (June 2025)
  • Perry is Located on Interstate 35, with 32,000 VHD Passing Hotel Daily
  • Machine Works HQ - Global Manufacturer of Trench less than 1 Mile from Hotel ($760M+ in Annual Revenue)
  • Other Active Industries in Perry: Oil & Gas and Farming & Agriculture (Wheat, Corn, Soybean, and Cattle Operations)

OVERVIEW

Marcus & Millichap is pleased to exclusively present for sale, the Holiday Inn Express & Suites Perry, Oklahoma, 67 key asset just renovated in June 2025. Located a short drive from Oklahoma State University in Stillwater and 30 min from Oklahoma City. With easy access to I-35, traveling to and from OKC. There are plenty of local attractions to explore, such as the Cherokee Strip Museum. Golfers can tee off at Perry Country Club, while outdoor enthusiasts can take advantage of our proximity to Bluestem Hunting Reserve and scenic lakes like Perry Lake, CCC Lake, Lake McMurty, and Sooner Lake. The location near Charles Machine Works, Oklahoma Trans, Perry Memorial Hospital, Anheuser Busch, and Noble County offices makes for a convenient home base for business travel. To view offering summary and due diligence please visit https://holidayinnexpresssuitesperry.sharplaunch.com/ or contact Michael Knall directly at (214) 500-4295 for more

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$173 USD /SF

# OF ROOMS

67

PRICE/ROOM

$78,358 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Perry

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2009

PARKING SPACES

70

LAND DETAILS

LAND ACRES

2.7 AC

LAND SF

117,612 SF

ZONING

006

APN/PARCEL ID

1190-00-000-000-0-029-00

ASK ABOUT THIS PROPERTY

Josh TammenMarcus & MillichapMore Info
480-567-6853

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Josh TammenMarcus & MillichapMore Info
480-567-6853

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.