2701 Shawnee StMuskogee, OK 74401

This 40,000 square foot Holiday Inn Express & Suites hotel in Muskogee, Oklahoma, presents a compelling investment opportunity. Built in 2007 and boasting a three-story interior corridor layout, the property underwent a comprehensive renovation from 2020 to 2023, bringing it fully in line with IHG's modern Formula Blue Pip standards. The 70 guest rooms are equipped with refrigerators, flat-screen TVs with cable, in-room desks, and contemporary bathrooms. Guest amenities include a business center, complimentary lobby newspapers, on-site dry cleaning/laundry services, and free self-parking. Further enhancing the guest experience are a heated indoor pool with a spa, a continental breakfast buffet, a marketplace shop, and on-site fitness facilities. Strategically located near the intersection of Highways 69, 62, and 64, the hotel offers unparalleled access to local attractions such as the Castle of Muskogee and the Three Rivers Museum, along with numerous historical sites and parks. Muskogee's vibrant local economy is further bolstered by recent significant economic development, including the construction of a battery-grade lithium refinery, promising substantial job growth and increased tourism. This presents a unique chance for an investor to capitalize on the area's growth and maximize the hotel's revenue potential. The property is currently generating a strong cap rate, with significant potential for further increases through effective management strategies.