Holiday Inn Express Inn & Suites - Miami, OK

Seriously?.......a 7 year old Express offered below 3X revenue and less than $44K per key!!! Yes, we are serious and so is the Seller!!!

Property Details

Address 509 Henley, Miami OK 74354 (view map)
Price $3,275,000
Rooms 75
Price Per Key 43,666
Property Type Limited Service - Mid Market
Revenue Call for CA

Executive Summary

Opened in late 2007, this newer Holiday Inn Express Hotel & Suites features a variety of room types, including a number of different suites, from executive suites, jacuzzi suites and children's suites.  Miami is located in northwest OK, equidistant between Springfield and Tulsa. The City offers a number of attractions, including an interstate (turnpike) location, (I-44), the historic Coleman Theater, and most notably, 13 area casinos .  The Indian tribes of NW Oklahoma generate a significant amount of room nights throughout the area, with their casinos, (including nearby Buffalo Run casino) and other business operations.  Twinbridges State Park and Mickey Mantle's boyhood home is nearby.  And, besides the typical HIEX business traveler, the Express benefits from all of these attractions.

I-44 is the primary route from St. Louis to Oklahoma City and is a high volume interstate.   The Express has great visibility from the Turnpike and also benefits from a 60' lighted highway pole sign.  Offered at less than $44K/ key, this newer Express offer the opportunity to purchase a newer hotel at 60% below replacement costs.  With the price per key and low multiple, this  offering certainly shows the owner's motivation.

Contact an Associate

Brent Jaynes Brent Jaynes
913-894-5252 (office)
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Hotel Description

  • Built in late 2007
  • Interstate-Turnpike location
  • Executive suites w/ sitting area
  • Childrens suites
  • Jacuzzi Suites
  • 13 area casinos
  • Fitness center
  • Separate business center
  • Indoor pool and spa
  • 32" Flat screen HD TVs
  • Wet areas in selected suites
  • HSIA