Economy Hotel Portfolio - Oklahoma

12121 N I 35 Service Rd, Oklahoma City, OK 73131

  • For Sale $3,600,000
  • Property Type Other
  • Units 114
  • Date Updated Apr 19, 2024
The portfolio contains 2 hotels spread across the Greater Oklahoma City Area. The portfolio can be purchased as a portfolio or properties can be purchased individually.Avison Young Hospitality Group, as exclusive agent for the Seller, is pleased to present for your consideration the Economy Hotel Oklahoma Portfolio totaling 114 rooms. The portfolio is being sold fully unencumbered of management and debt and presents investors with the opportunity to acquire a regionally concentrated portfolio of economy hotels with existing in-place cash flow. UNENCUMBERED OF DEBT & MANAGEMENT The portfolio is being offered fully unencumbered of existing management or debt, allowing for a new owner to come in with fresh capital and an opportunity to retool the property-level operations. DISCOUNT TO REPLACEMENT COST Over the last several years as the economy has continued to grow, both labor and materials have reached all-time peaks leading to soaring construction costs for new build projects.. Conversely, this portfolio is being offered at a substantial discount compared to the price to replicate the same assets today, offering a new investor immediate value from day one.

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Contacts

broker

Stuart Hope

Avison Young - US - GA - Atlanta

(803) 760-3631

Location

Getting Around

  • Walk Score ®

    21/100 Car-Dependent

  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Oklahoma City, OK
  • Neighborhood Stonemill
  • Zip Code 73131
  • Market Oklahoma City

Points of Interest

  • Adventure DistrictTrain Station

    5.10 miles

  • NE 23rd St @ Ray Ave

    6.86 miles

  • NE 23rd St @ N Bryant Ave

    6.93 miles

  • North Coltrane Road at Northeast 20th Street

    6.97 miles

  • NE 23rd St @ Miramar Blvd

    7.05 miles

  • NE 23rd St @ N Highland Dr

    7.11 miles

  • Northeast 16th Street at North Coltrane Road

    7.19 miles

  • NE Grand Blvd @ NE Success St

    7.24 miles

  • NE 16th St @ Redbud Dr

    7.37 miles

  • NE 16th St @ Washington Blvd

    7.39 miles

  • Love's

    0.15 miles

  • Diamond Shamrock

    0.16 miles

  • Pilot

    0.26 miles

  • Shell

    0.42 miles

  • Shell

    2.61 miles

  • On Cue

    2.70 miles

  • On-Cue

    3.21 miles

  • 7-Eleven

    3.24 miles

  • 7-Eleven

    3.96 miles

  • 7-Eleven

    3.97 miles

  • AMF Boulevard Lanes

    3.18 miles

  • Fox Lake Pool Parking

    3.75 miles

  • University Park Apartments

    4.65 miles

  • Golf Cart Parking

    5.61 miles

  • Golf Cart Parking

    5.90 miles

  • Chesapeake Car Park 3

    6.32 miles

  • Chesapeake Car Park 1

    6.34 miles

  • Heritage Lanes

    6.38 miles

  • Chesapeake Car Park 2

    6.42 miles

  • Chesapeake Car Park 4

    6.45 miles

  • Motel 6

    0.01 miles

  • Motel 6 Oklahoma City North-Frontier City

    0.01 miles

  • Days Inn Oklahoma City

    0.05 miles

  • Baymont Inn & Suites by Wyndham Oklahoma City North

    0.13 miles

  • Holiday Inn Express & Suites Oklahoma City North, an IHG Hotel

    0.17 miles

  • BudgetLodge Oklahoma City

    0.20 miles

  • Economy Inn

    0.21 miles

  • Americas Best Value Inn

    0.24 miles

  • Super 8

    0.25 miles

  • Sleep Inn

    0.28 miles

  • McDonald's

    0.11 miles

  • Charly's

    0.18 miles

  • Sonic

    0.25 miles

  • Cracker Barrel

    0.29 miles

  • IHOP

    0.36 miles

  • Twisted Pretzel

    0.47 miles

  • Sweet Caroline's

    0.47 miles

  • Best of the West

    0.66 miles

  • Braum's

    1.77 miles

  • Sonic

    1.86 miles

  • Oklahoma Department of Transportation Training Center

    0.52 miles

  • Oakdale School

    1.06 miles

  • Oklahoma Christian University

    2.29 miles

  • Chisholm Elementary School

    2.30 miles

  • Lone Star School

    2.53 miles

  • Eisenhower Junior High School

    3.21 miles

  • Orvis Risner Elementary School

    3.34 miles

  • Trinity Episcopal School

    3.36 miles

  • Harrison School

    3.52 miles

  • Edmond Memorial High School

    3.60 miles

  • Childcare Network

    3.42 miles

  • Childtime Child Care

    6.33 miles

  • Wonderland

    6.36 miles

  • Candyland Child Development Center

    6.95 miles

  • Apple Tree Early Childhood Daycare Center and Development

    8.37 miles

  • University Chosen Few Childcare Center

    8.98 miles

  • Kiddie Village Head Start

    9.14 miles

  • First Start Childrens Center

    9.37 miles

  • Small Society Child Development Center

    9.81 miles

Frequently Asked Questions

What is the lease rate for Economy Hotel Portfolio - Oklahoma?

Rental asking rate at Economy Hotel Portfolio - Oklahoma is $1,800,000.00/YR.

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Contact Listing Broker

broker

Stuart Hope

Avison Young - US - GA - Atlanta

(803) 760-3631