4016 South East Price Rd - Hospitality FOR SALE


Bartlesville, OK 74006
$6,800,000 USD
480-567-6853
4016 South East Price Rd, Bartlesville, OK for Sale
$6,800,000 USD
Hospitality - FOR SALE
1/18
null | Request Cap Rate

4016 South East Price Rd
Bartlesville, OK 74006


HIGHLIGHTS

  • • Formula Blue 2.0 PIP completed
  • • Significant upside for owner operator
  • • Priced at 3.7x RRM
  • • Located right off Highway 75
  • • 30 miles from Tulsa International Airport
  • • Nearby Attractions: Osage Casino, Oklahoma Wesleyan University, Historic Price Tower, Philips Petroleum Museum (Phillips 66), Woolaroc Ranch

OVERVIEW

To view offering summary and due diligence please visit https://holidayinnexpresssuitesbartlesville.sharplaunch.com/ or contact Michael Knall directly at (214) 500-4295 for more information. Marcus & Millichap has been chosen to exclusively market the Holiday Inn Express & Suites Bartlesville, this property opened in 2008 and was renovated in 2022 with a Formula Blue 2.0 PIP. It is a four story interior corridor property that contains 90 rooms. Hotel amenities include free breakfast, indoor pool, fitness center and business center. Holiday Inn Express & Suites is at a prime location, located right off Highway 75. The property also benefits from other local attractions; being within 30 miles from the Tulsa International Airport, and is also nearby other attractions such as Osage Casino, Oklahoma Wesleyan University, Historic Price Tower, Phillips Petroleum Museum (Phillips 66), Woolaroc Ranch.

FOR SALE DETAILS

PRICE

$6,800,000 USD

PRICE/SF

$132 USD /SF

# OF ROOMS

90

PRICE/ROOM

$75,556 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express & Suites Bartlesville

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2008

PARKING SPACES

81

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,655 SF

ZONING

AA1

APN/PARCEL ID

01050100000600000001

ASK ABOUT THIS PROPERTY

Josh TammenMarcus & MillichapMore Info
480-567-6853

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Josh TammenMarcus & MillichapMore Info
480-567-6853

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.