8405 E 102nd St S - Hospitality FOR SALE


Tulsa, OK 74133- South Tulsa
$6,900,000 USD
916-390-4240
8405 E 102nd St S, Tulsa, OK for Sale
$6,900,000 USD
Hospitality - FOR SALE
1/28
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8405 E 102nd St S
Tulsa, OK 74133
South Tulsa


HIGHLIGHTS

  • 1.6M Formula Blue Renovation completed in August 2024
  • Since Renovation completed in August 24', Occupancy up 44%
  • Since Renovation completed in August 24', ADR up 3.39%
  • Since Renovation completed in August 24', Revenue up 51.3%
  • No Transfer PIP

OVERVIEW

Price: $6,900,000 | Price/Key: $75,000 Units: 92 (including 6 ADA rooms) Stories / Corridor: 4 / Interior Elevator: Yes Lot Size: 2.26 Acres Zero deferred maintenance This 92-unit Holiday Inn Express & Suites in South Tulsa, Bixby offers immediate ROI potential, backed by strong recent performance and a completed Formula Blue renovation (August 2024). No deferred maintenance. No PIP. Strategically located near Creek Turnpike and Memorial Dr., with fast access to I-44, US-75, and Route 66, the property draws consistent demand from business and leisure travelers. Amenities include indoor heated pool, 24-hour fitness center, boardroom, and a 100-seat meeting room. The hotel’s location places it near major drivers including SpiritBank Event Center, St. Francis Heart Hospital, and Tulsa International Airport.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$125 USD /SF

# OF ROOMS

92

PRICE/ROOM

$75,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Holiday Inn Express

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2011

PARKING SPACES

88

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

CS

APN/PARCEL ID

58287-83-25-67720

ASK ABOUT THIS PROPERTY

Dan HaywardKW CommercialMore Info
916-390-4240

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Dan HaywardKW CommercialMore Info
916-390-4240

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