Holiday Inn Ardmore, OK
2705 W Broadway St, Ardmore, OK 73401
PROPERTY SUMMARY
Opportunity
- Fee-simple interest in a full-service 127-key Holiday Inn Ardmore I-35 by IHG - the only hotel directly connected to the Ardmore Convention Center (45,000 sq ft of meeting space)
- Offered unencumbered of debt and management, allowing new ownership immediate operational flexibility
- NOI has grown consecutively and RevPAR improved in both Q4 2025 and Q1 2026. Primary upside comes from more aggressive revenue management and unlocking the property's unmatched group position via its exclusive Convention Center connection
- On-site restaurant curates full-service experience supporting rate premiums over limited-service competitors
- Ability to retain the IHG/Holiday Inn affiliation under a new long-term franchise agreement, subject to brand approval and completion of change of ownership PIP requirements
- Priced at a meaningful discount to replacement cost, with in-place cash flow and an improving operating trend
Location
- Strategically positioned along Interstate 35 at Exit 33, providing direct connectivity between Oklahoma City (100 miles north) and Dallas-Fort Worth (90 miles south)
- The only hotel directly connected to the Ardmore Convention Center, a 45,000-square-foot meeting facility hosting regional conferences, trade shows, and social events year-round
- Adjacent to Ardmore Regional Park and minutes from Lake Murray State Park, Oklahoma's oldest and largest state park with 5,700 acres of lake and 12,500 acres of recreational land
- Near Mercy Hospital Ardmore, the region's largest healthcare employer with 1,551 employees
- Proximate to major regional employers including Dollar General Distribution (926 employees), Best Buy Warehouse (300 employees), Dot Foods (327 employees), and Valero Ardmore Refinery (280 employees)
- Positioned within a growing tourism market attracting approximately 1.5 million annual visitors, with WinStar World Casino just 30 minutes away
