9150 S 102nd St
Tulsa, OK 74133
South Tulsa
HIGHLIGHTS
- Interior Corridor, 2009 Build, 99 Keys, on 1.75 Acres
- Franchise Expiring Within Two Years – Opportunity to operate independently without completing a costly PIP
- Strong, Diverse Demand Driver: Healthcare, corporate, retail & logistics support year-round occupancy
- Clear Value-Add Opportunity: Prior bank ownership / receivership led to operational inefficiencies
- Underperformance is Operational – Not Market Driven: 39% Occ. / $30 RevPAR vs. market ~54% Occ. / ~$49 RevPAR
- Stabilized Pro Forma in Place: 52.5% Occ. / $75 ADR / ~$39 RevPAR (conservative assumptions)
FOR SALE DETAILS
PRICE
$5,500,000 USD
PRICE/SF
$100 USD /SF
# OF ROOMS
99
PRICE/ROOM
$55,556 {currency}
CAP RATE
8.2%
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fairfield by Marriott Inn & Suites Tulsa
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2009
PARKING SPACES
109
LAND DETAILS
LAND ACRES
1.73 AC
LAND SF
75,353 SF
ZONING
CO
APN/PARCEL ID
75451-84-19-32970
ASK ABOUT THIS PROPERTY
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714-656-4348
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714-656-4348
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