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3332 S 79th Ave E
Tulsa, OK 74145

Embassy Suites by Hilton Tulsa I 44 · Hospitality Property For Sale · 195,524 SF

Investment Highlights

  • Fee simple interest in the institutionally owned and third-party managed 247-room Embassy Suites by Hilton in Tulsa OK

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.97 AC
Building Size 195,524 SF
No. Stories 9
Year Built/Renovated 1985/2024
Tenancy Single
Parking Ratio 1.21/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Multi-Room Suites
  • Digital key

About 3332 S 79th Ave E , Tulsa, OK 74145

Fee simple interest in the institutionally owned and third-party managed 247-room Embassy Suites by Hilton in Tulsa OK Available unencumbered of debt and management with the ability to relicense under the existing Embassy Suites flag with a new, long-term franchise agreement All-suite product offered at discount to replacement cost allowing for strong operational upside for regional owner / operator The all-suite product allows for potential conversion to alternative use, including potential residential conversion Tulsa is uniquely positioned to capitalize on post-COVID recovery with substantial market investment in recent years including investments by Amazon ($160MM), COX Business Center ($55MM) and USA BMX National Headquarters ($23MM) Proximate to 8MM square feet of office space with blue-chip-tenants including State Farm Insurance, US Cellular, and Avis Adjacent to and directly visible from the heavily trafficked Interstate-44 and US Highway-64 (Broken Arrow Expressway) with upwards of 200,000 vehicles passing the location daily Ideally located within minutes of downtown Tulsa and all core regional demand including Oral Roberts University, Tulsa Convention Center, BOK Center, University of Tulsa, and Tulsa International Airport Tulsa International Airport passenger count is approaching pre-pandemic levels with 2021 passenger traffic up nearly 58% over 2020 figures

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20127-93-23-03980
Land Assessment
$43,409
Improvements Assessment
$774,170
Total Assessment
$817,579

zoning

Zoning Code OMH
OMH
  • Listing ID: 25294734

  • Date on Market: 3/21/2022

  • Last Updated:

  • Address: 3332 S 79th Ave E, Tulsa, OK 74145

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