The Holiday Inn Express is a newly built 75 room, interior corridor, 3 story hotel located in Guymon, OK. Built in 2009, this mid-scale hotel just finished IHG's Formla Blue design PIP in September 2019. The asset us attractively priced at $93,333/Key. Strategically situated near the intersection of Highway 412 and Highway 136 in the largest city of the Oklahoma panhandle, this property is able to accommodate transient highway, destination, and corporate guests. With spacious accommodations including a heated indoor pool & whirpool, fitness facility, on-site business center, free high-speed WiFi throughout, this hotel well deserves a 4.5 star rating from TripAdvisor - currently ranking #3 of 10 hotels in Guymon.

There is an attractive 5.5% interest rate, 20-year amortized, non-recourse loan in place that extends out until June 2026. The current balance is approximately $5.5M

This renovation interrupted the Property's normal high performance, but a new owner has the opportunity to revamp revenue management strategies and utilize the recent renovation to continue to drive rate