Holiday Inn Express & Suites Bethany (OKC MSA) OK

Highlights

• Fee simple interest in the 69-room Holiday Inn Express & Suites Bethany, Oklahoma, within the Oklahoma City MSA
• The asset will be available for purchase in the January 22nd auction event via RI Marketplace
• Offered for sale as part of an eight-property (8) portfolio, with all properties being sold individually
• Strong operational upside in transitioning the asset out of institutional ownership and third-party management
• Property is offered unencumbered by management and debt and at a significant discount to replacement cost
• Property is situated directly adjacent to and directly accessible from US Route 66 – one of the most famous roads in the United States, attracting road trippers and history enthusiasts to the area
• Conveniently located less than 10 miles from Will Rogers World Airport, which handled over 3.9 million passengers in 2022 and supports over 17,000 jobs with a $1.1 billion annual economic impact
• Bethany benefits from being approximately 12 miles northwest of OKC, the state’s largest city, which provides a balanced mix of business, education, healthcare, and leisure demand
• Bethany’s proximity to OKC offers access to major attractions such as the Oklahoma City Zoo, the National Cowboy & Western Heritage Museum, and the Chesapeake Energy Arena for sports and entertainment events
• Corporate and business demand is driven by major employers, including Tinker Air Force Base, Devon Energy, Chesapeake Energy, Boeing, and Amazon distribution centers
• Located one mile from Southern Nazaré University and in proximity to the University of Oklahoma Health Sciences Center (one of the nation's largest medical schools) and Oklahoma State University – Oklahoma City, with an aggregate student enrollment exceeding 10,000 students
• Integris Health, the largest healthcare provider in Oklahoma, and OU Health, along with other local providers, create a consistent influx of patients, medical professionals, and families
• The Oklahoma Department of Aerospace & Aeronautics has proposed a $300 million, five-year airport redevelopment plan, with the largest investment benefiting Oklahoma City’s Will Rogers International Airport

Location