HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 80-room Hampton Inn & Suites Guthrie (“Hotel” or “Property”), situated at 401 Cimarron Blvd Guthrie, OK 73044.

The acquisition of the Hampton Inn & Suites represents a stable investment due to its strong transient demand from I-35, no new supply challenges, and consistent in-place cashflows exhibiting NOI flowthrough well above 30%.

The Hampton Inn & Suites Guthrie is a four-story, 80-guestroom hotel, originally built in 2016. Situated immediately off Interstate 35, the Hotel enjoys premier visibility for interstate travelers. Guthrie’s historical allure prompts leisure and tourism, evidenced by ongoing transportation developments, like the addition of an Amtrak stop in the town, as well as improvements to the interstate scheduled for completion in 2025.

 

Terms of Sale

· Tenure: Fee simple

· Price: Please contact HREC for pricing guidance

· Management: Free and clear of management

Please DO NOT contact the staff, management, or ownership of the Hotel to request additional information or to arrange a site tour.

Investment Highlights

 

Strong Performance Compared to Competitive Set

The Hotel achieves a 138.4% RevPAR Index, as of the June 2024 TTM period. The Hotel is ranked one of six for RevPAR relative to its comp set.

 

Excellent Visibility and Location Near Major Highway

The Hotel is located directly off Interstate 35, benefiting from substantial passenger and vehicle traffic that funnels into the urban core of Oklahoma City. I-35 serves as a primary gateway for north-to-southbound travelers and is part of a currently underway, multi-decade renovation.

 

Proximate to Diverse and Historically Significant Demand Generators

Formerly the state capital of Oklahoma, Guthrie holds a rich history and is a short distance from several landmarks and attractions that embody the state’s southern charm and cultural heritage. The Historic District sits only two miles from the Hotel.

 

Hilton Brand Affiliation

The Hotel’s highly regarded Hilton brand affiliation is one of the premier upper midscale, limited-service brands in the world. Hilton’s reputation for consistent quality and service across its over 2,800 Hampton Inn brand locations strongly positions this Property, enabling a new owner to capitalize on the benefits of Hilton’s widespread and global presence in the hotel industry. The Hampton Inn brand has the largest number of properties amongst the Hilton portfolio.

 

No New Supply

There is no new supply under construction in Guthrie.

 

Fee Simple Interest

The Property will be offered as fee simple.

 

Offered Unencumbered by Management

The Hampton Inn & Suites Guthrie is being offered unencumbered by a management agreement. An investor possesses the opportunity to bring in a new management company or to act as an owner/operator and seek to revamp the operational strategy of the Hotel, implement strategic cost control initiatives, and employ more aggressive yield management strategies.

HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 67-room Holiday Inn Express & Suites Okmulgee (“Hotel” or “Property”), situated at 2780 N Wood Dr Okmulgee, OK 74447.

The acquisition of the Holiday Inn Express would be considered a hidden gem in the investment community. In a quaint city like Okmulgee where transient demand is abundant, property taxes are low, and competition is minimal, the Holiday Inn Express is perfectly positioned for stable returns.

Situated off U.S. Route 75, the Hotel enjoys premier visibility from travelers venturing between the Oklahoma City and Tulsa regions. Okmulgee’s central location makes it ideal for moving goods and services to virtually any domestic market, allowing the Property to maximize its ability to capture transient demand. The Hotel faces minimal competition from existing Hotels and no new supply challenges. The in-place cash flows are strong and steady, consistently reaching profit margins well above 30%.

Terms of Sale

· Tenure: Fee simple

· Price: Please contact HREC for pricing guidance

· Management: Free and clear of management

Please DO NOT contact the staff, management, or ownership of the Hotel to request additional information or to arrange a site tour.

 

Investment Highlights

 

Strong Performance Compared to Competitive Set

The Hotel achieves a 121.9% RevPAR Index, as of the June 2024 TTM period. The Hotel is ranked two of six for RevPAR relative to its comp set.

 

No New Supply

There is no new supply under construction in Okmulgee.

Most Competitive Hotel in the City

The Property is the most competitive Hotel in the city and surrounding areas of Okmulgee. To further add to this, there are no other IHG products within a 20+ mile radius of the Hotel.

Excellent Visibility and Location Near Major Highway

The Hotel is located directly off U.S. Route 75, benefiting from substantial passenger and vehicle traffic that funnels into the urban cores of Oklahoma City and Tulsa. The highway is equidistant from the east coast and west coast and serves as a primary gateway between the Dallas/Fort Worth, Texas and Kansas City, Missouri markets.

Proximate to Diverse and Historically Significant Demand Generators

Home to the self-governed Muscogee (Creek) Nation, Okmulgee’s economy thrives from its cultural diversity and calls homage to the forced relocation of Native Americans throughout U.S. history. The tribal land is nestled against miles of natural parks and recreation areas, shedding light on the importance of preserving U.S. wildlife and embracing diversity within communities.

Fee Simple Interest

The Property will be offered as fee simple.

Offered Unencumbered by Management

The Holiday Inn Express & Suites Okmulgee is being offered unencumbered by a management agreement. An investor possesses the opportunity to bring in a new management company or to act as an owner/operator and seek to revamp the operational strategy of the Hotel, implement strategic cost control initiatives, and employ more aggressive yield management strategies.