6200 N Robinson Ave - Hospitality FOR SALE


Oklahoma City, OK 73118- Northeast Oklahoma City
$5,500,000 USD
602-478-9636
6200 N Robinson Ave, Oklahoma City, OK for Sale
$5,500,000 USD
Hospitality - FOR SALE
1/19
null | Request Cap Rate

6200 N Robinson Ave
Oklahoma City, OK 73118
Northeast Oklahoma City


HIGHLIGHTS

  • 145 units ranging from 300 - 600 Sq. Ft.
  • Full service amenities catering to wide range of guests
  • Priced well below replacement cost at under $38,000/key
  • Absentee owned for over 10 years
  • Conveniently located next to key demand generators such as Paycom Center and Oklahoma City Zoo & Botanical Garden
  • Ideal opportunity for multi-family or behavioral health conversion

OVERVIEW

Dinesh “Dan” Rama and Kishan Gohel of NewGen Advisory are proud to present for sale the Holiday Inn & Suites (Oklahoma City North) - Oklahoma City, OK, a 145-room full service hotel ideally located in the thriving Oklahoma City North market. Built in the 1980's and renovated over the years, this Holiday Inn sits on 3.82 acres of land with an opportunity to expand. Amenities includes a full commercial kitchen, restaurant, bar, business center, fitness center, pool, and over 9,000 square feet of meeting and event space. Positioned near Interstate 44 and 235, the property benefits from excellent visibility with over 70,000 vehicles per day and convenient access to major demand drivers. This hotel is ideal for a conversion to an alternative use such as multi-family apartments, behavioral health, etc. Oklahoma City, the state capital, has a population of about 713,000, while its metro area is nearing 1.5 million residents and continues to grow steadily. The median household income is roughly $61,800, reflecting a diverse economy anchored by aerospace, energy, healthcare, and logistics. With a mix of urban amenities, expanding infrastructure, and a young workforce, Oklahoma City balances affordability with long-term growth potential.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$43 USD /SF

# OF ROOMS

145

PRICE/ROOM

$37,931 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1980

PARKING SPACES

195

LAND DETAILS

LAND ACRES

3.82 AC

LAND SF

166,399 SF

ZONING

I-1

APN/PARCEL ID

085033175

ASK ABOUT THIS PROPERTY

Dinesh Dan RamaNewGen AdvisoryMore Info
602-478-9636

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Dinesh Dan RamaNewGen AdvisoryMore Info
602-478-9636

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