Economy Hotel - Okmulgee

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 a regionally concentrated portfolio of economy hotels 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.