12121 N I 35 Service Rd

Property Description

Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Oklahoma Portfolio totaling 114 rooms. The portfolio is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a regionally concentrated portfolio of economy hotels with existing in-place cash flow. UNENCUMBERED OF DEBT & MANAGEMENT The portfolio is being offered fully unencumbered of existing management or debt, allowing for a new owner to come in with fresh capital and an opportunity to retool the property-level operations. DISCOUNT TO REPLACEMENT COST Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects.. Conversely, this portfolio is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.