Holiday Inn Express & Suites Tahlequah — Sale in Tahlequah, OK
- Price: Contact for price
- Listing type: For sale
- Asset type: Hospitality Business
- Location: Tahlequah, OK 74464
- Year built: 2015
Photos






Investment Figures
- Cap rate
- 11.02%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
The Holiday Inn Express & Suites Tahlequah presents the opportunity to acquire a newer-generation, institutional-quality hotel positioned to benefit from multiple long-term demand drivers. Recent public investment, led by the new $470 million W.W. Hastings Hospital and more than $638 million of active and announced development, complements an already diversified lodging market supported by Cherokee Nation, healthcare, education, government, corporate, group, and leisure demand. Combined with strong historical revenue growth and a limited change-of-ownership PIP, the Property offers stable in-place cash flow with the potential for future growth as new demand continues to materialize. As an additional opportunity, the purchaser may acquire the seller's development rights for a proposed Home2 Suites by Hilton on a separate parcel located less than one mile from the subject property. The seller has elected not to pursue development, creating a rare opportunity to control what would become the only extended-stay hotel in the Tahlequah MSA, subject to Hilton approval and customary development requirements. Investment Highlights: • NEW $470M CHEROKEE NATION HOSPITAL (OPENED JULY 2026) - 2.0 miles from the Hotel, the 400,000-square-foot W.W. Hastings Hospital will create a significant long-term healthcare demand generator • DIVERSIFIED YEAR-ROUND DEMAND - Generated by healthcare, Cherokee Nation, Northeastern State University, government, group, corporate, and leisure travel. • ROOM REVENUE UP 35% SINCE 2020 - T12 June room revenue has increased approximately 35% since 2020, demonstrating sustained demand growth and strong operating performance. • ATTRACTIVE IN-PLACE CASH FLOW - The Property is offered at an 11% in-place cap rate with a limited change-of-ownership PIP consisting primarily of cosmetic improvements. • $638 MILLION OF ACTIVE & ANNOUNCED INVESTMENT - More than $638 million of active and announced public investment is supporting employment growth, contractor de
Market Context
This hospitality in Tahlequah, OK is listed for sale. It is offered at an approximate 11.0% capitalization rate, a key benchmark for income-producing hospitality assets. The building dates to 2015. Compare it against other hospitality listings for sale in Tahlequah, OK — view the full market.
Contact
- Michael Knall · (602) 687-6707 · michael.knall@marcusmillichap.com
- Michael Taddeo · (602) 687-6828 · michael.taddeo@marcusmillichap.com
- Tim Speck · (918) 294-6300
- Tyler Waller · (602) 687-6695 · tyler.waller@marcusmillichap.com
Explore this market
Similar Hospitality Business for Sale in Oklahoma
- Holiday Inn Express & Suites Blackwell — Contact for price · Blackwell, OK
- Holiday Inn Express & Suites Tulsa South Bixby — Contact for price · Tulsa, OK
- Red Roof Inn OK Airport I-40 West Fairgrounds & Super 8 by Wyndham OK Airport Fairgrounds West — Contact for price · Oklahoma City, OK
- Comfort Inn & Suites Muskogee — Contact for price · Muskogee, OK
- Extended Stay America - Tulsa - Midtown — Contact for price · Tulsa, OK