701 Holiday Dr, Tahlequah, OK 74464-5185

This exceptional 62-key Days Inn & Suites hotel in Tahlequah, Oklahoma presents a compelling investment opportunity. Situated on a 2.13-acre lot at 701 S Holiday Dr, 74464, this property boasts a prime location near Northeastern State University (NSU) and the Cherokee Nation headquarters. The hotel underwent a complete renovation from November 2022 to May 2023, resulting in brand-new furniture, paint, drapes, televisions, and air conditioning units throughout. All 62 rooms are now available, offering guests a completely refreshed experience. While the hotel's swimming pool remains closed, guests are provided with complimentary access to NSU's pool facilities via a provided coupon. The property's strong performance is further supported by its impressive pro-forma NOI of $360,000 and a pro-forma cap rate of 8.00%. Tahlequah's vibrant tourism scene, fueled by Cherokee Nation events and proximity to the Illinois River and Ten Killer Lake, ensures consistent occupancy, particularly during peak summer months. Built in 1997, this single-building hotel is ideally suited for an owner-operator seeking a high-return investment in a thriving Oklahoma community. The property's APN is 3999-33-17N-22E-0-053-00. This is a turnkey operation ready for immediate income generation.