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Holiday Inn Express & Suites in Jenks, Oklahoma – Image Credit CBRE
CBRE Hotels has listed the Holiday Inn Express & Suites in Jenks, Oklahoma, for sale. Due to its prime location and diverse demand drivers, this property offers potential buyers a promising investment opportunity.
CBRE Hotels has listed the Holiday Inn Express & Suites in Jenks, Oklahoma, for sale. Due to its prime location and diverse demand drivers, this property offers potential buyers a promising investment opportunity.
Property Overview
Located in Jenks, Oklahoma, the Holiday Inn Express & Suites offers stunning views of the Arkansas River and is minutes away from major demand drivers such as the BOK Center Spirit Bank Arena, Expo Square, Tulsa Fairgrounds, and River Spirit Casino. The hotel’s strategic location serves many corporate and leisure clients, making it an attractive investment opportunity.
Investment Highlights
Lenders approve the sale and comes with a minimal Property Improvement Plan (PIP), indicating that the hotel has recently undergone a complete Formula Blue PIP. Furthermore, the hotel is available without any encumbrance from management, providing a significant upside potential for new owners to enhance operational efficiency by optimizing housekeeping labor utilization and reducing corporate allocated expenses.
Diverse Demand Drivers
The hotel’s proximity to multiple demand generators, including the BOK Center Spirit Bank Arena, Expo Square, Tulsa Fairgrounds, Oral Roberts University, Jenks Outlet Mall, and key companies like AAON, AEP, BNSF, BHGE, Kimberly Clark, and Praxair, ensures consistent demand.
Rapidly Growing Economic Hub
The sale of the hotel comes when Tulsa is experiencing significant economic development, having seen over $2 billion in new capital investment in 2024 alone. Recognized as one of the best cities to live in the U.S., Tulsa’s ambitious economic development initiatives, like the Vision Tulsa projects, are fueling substantial investments in infrastructure and community enhancements. With a diverse economy and a strong focus on innovation and sustainability, Tulsa is ideally positioned for continued growth and prosperity.
Inquire at CBRE.
