Property Detail

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Property Overview

Former Days Inn. The hotel lost its flag in Feb. 2009 and reopened as the Maverick Inn April 2009. Revenue has decreased dramatically since opening as an independent. Upside potential for an aggressive hands-on owner capable of completing the Days Inn PIP. The hotel is located near several restaurants, area attractions, hospital and small liberal arts college.

Listing Broker(s)

Ted Holmes Contact Broker Phone: 405-810-1414 Fax: 405-810-1515 E-mail: tedh@hotelbrokerone.com

Property Highlights

Asking Price:
$1,750,000
Location:
45 minutes southwest of Oklahoma City,Chickasha
Property Description:
Limited Service
Number of Rooms:
104
Major Source of Business:
Interstate, recreational, business
Site Size:
3.7 acres
Year Built:
1984
Last Year Renovated:
2008
Common Area Amenities:
Outdoor pool, large meeting room with dividers, restaurant currently used for delux continental breakfast / lounge scheduled to open in coming months. Four room manager's apartment.

Financial History

  • Average Daily Occupancy:
  • Average Daily Rate:
  • Net Operating Income:
  • Room Revenue:
  • Total Revenue:
  • Price Per Room:
  • Room Revenue Multiplier:
  • NOI multiplier:
  • Room Revenue Per Room:
  • Cap Rate:
2008 Year Ending
  • 0.00%
  • $199,984
  • $536,269
  • $562,781
  • $16,827
  • 3.26
  • 8.75
  • $5,258
  • 11.43%
2007 Year Ending
  • 0.00%
  • $241,893
  • $569,982
  • $606,922
  • $16,827
  • 3.07
  • 7.23
  • $5,588
  • 13.82%
2006 Year Ending
  • 0.00%
  • $224,812
  • $569,055
  • $612,534
  • $16,827
  • 3.08
  • 7.78
  • $5,579
  • 12.85%
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Location

2701 S. 4th St.

Grady County
Chickasha, Oklahoma 73018

Listing Broker

Ted Holmes, HotelBrokerOne Contact Broker Phone: 405-810-1414 Fax: 405-810-1515 E-mail: tedh@hotelbrokerone.com
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Listing Broker(s)

Ted Holmes Contact Broker Phone: 405-810-1414 Fax: 405-810-1515 E-mail: tedh@hotelbrokerone.com