4601 SW 3rd St - Hospitality FOR SALE


Oklahoma City, OK 73128
$2,650,000 USD
405-810-1414
4601 SW 3rd St, Oklahoma City, OK for Sale
$2,650,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

4601 SW 3rd St
Oklahoma City, OK 73128


HIGHLIGHTS

  • $1M Renovation (to be completed prior to sale)
  • Interstate visibility, I-40
  • Includes two large living quarters not included in room count
  • Price Reduction of $300K
  • Extended Stay with Kitchenettes
  • Rebranding | Adaptive Re-Use Opportunity

OVERVIEW

• Price Reduction of $300K • Extended Stay with Kitchenettes • Rebranding | Adaptive Re-Use Opportunity Recently price reduced, the Studio Inn OKC Airport is a 78-room, 2-story exterior corridor hotel with excellent Interstate visibility on I-40 and close proximity to Will Rogers World Airport. The hotel recently underwent an exterior renovation including a new roof, siding, paint and signage. The interior extended stay conversion was completed in approximately 2020. The hotel contains 78 modern guest rooms, of which 75 are rentable and 3 are used for storage. The rooms have kitchenettes, free Wi-Fi and flat screen TVs. The hotel also includes two large living quarters, not included in room count. The hotel amenities include truck parking, guest coin laundry, vending machines and free morning coffee. Out of state, absentee owner. The potential for a highly motivated, experienced owner operator is excellent. Call broker for additional pricing guidance. ALL SERIOUS OFFERS WILL BE ENTERTAINED. Click button below to sign CA and obtain OM and financials. Contact Peter Holmes for tours and inquiries. Do not contact the hotel directly or visit without an appointment.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$75 USD /SF

# OF ROOMS

74

PRICE/ROOM

$35,811 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Studio Inn Extended Stay Oklahoma City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,141 SF

ZONING

I-1

APN/PARCEL ID

146911030

ASK ABOUT THIS PROPERTY

Bruce HolmesHotelBrokerOneMore Info
405-810-1414

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Bruce HolmesHotelBrokerOneMore Info
405-810-1414

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