Studio Inn Extended Stay Oklahoma City | 4601 SW 3rd St
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Studio Inn Extended Stay Oklahoma City 4601 SW 3rd St
74 Room Hotel Oklahoma City, OK 73128 $2,650,000 ($35,811/Room)
Investment Highlights
- $1M Renovation (to be completed prior to sale)
- Includes two large living quarters not included in room count
- Extended Stay with Kitchenettes
- Interstate visibility, I-40
- Price Reduction of $300K
- Rebranding | Adaptive Re-Use Opportunity
Executive Summary
• 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.
• 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.
Property Facts
Price | $2,650,000 | Building Size | 35,510 SF |
Price Per Room | $35,811 | No. Rooms | 74 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built/Renovated | 1982/2015 |
Property Subtype | Hotel | Parking Ratio | 4.51/1,000 SF |
Building Class | C | Corridor | Exterior |
Lot Size | 1.29 AC |
Price | $2,650,000 |
Price Per Room | $35,811 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.29 AC |
Building Size | 35,510 SF |
No. Rooms | 74 |
No. Stories | 2 |
Year Built/Renovated | 1982/2015 |
Parking Ratio | 4.51/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 74 | $43.00 | - |
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $273,268 | |
Land Assessment | $27,358 | Total Assessment | $300,626 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$27,358
Improvements Assessment
$273,268
Total Assessment
$300,626
zoning
Zoning Code | I-1 (Light Industrial) |
I-1 (Light Industrial) |
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Studio Inn Extended Stay Oklahoma City | 4601 SW 3rd St
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