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19642930
19642931

3141 Northwest Expy, Oklahoma City, OK 73112

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company
$5,500,000
661 days on market
Updated 81 days ago

Country Inn & Suites by Radisson

Details
APN 14-701-2000
Property Type Hospitality
Sub Type Hotel
Keys 79
Brand/Tenant Country Inn & Suites
Year Built 1967
Buildings 1
Stories 10
Acreage 1.500

79 room, 10 story, interior corridor hotel with excellent location in OKC with increasing revenues

Marketing description

The Country Inn & Suites is a 79-room, 10-story interior corridor hotel located in Northwest Oklahoma City, Oklahoma nearby to Interstate 44. This hotel offers a prime opportunity for travelers and investors, thanks to its positioning and proximity to major demand generators in the area.

The hotel is completely renovated, completing its PIP in September 2022. Among major updates include new fire panel and security systems, public areas, new breakfast area, and all guestrooms fully updated.

The hotel features a 1,600 square foot meeting room space accommodating up to 100 guests, along with a dedicated team to assist with planning, setup, and creating a customized event website. Additionally, guests can enjoy a fitness center, a complimentary hot breakfast, banquet facilities, and an outdoor pool.

The hotel benefits from its proximity to several major demand generators, including being across the street from INTEGRIS Health Baptist Medical Center. It is a short drive from downtown Oklahoma City, the Oklahoma City National Memorial Museum, and the lively Bricktown Entertainment District. Situated in a thriving area with numerous job opportunities, including restaurants, small businesses, health centers, and other enterprises, all contributing to enhanced customer satisfaction and community growth. Oklahoma City continues to multiply and is ranked the Number 1 city for the lowest cost of living among large cities in 2023. Thanks to its prime location and local attractions, the hotel is well-positioned to capture a significant market share.

Investment highlights

  • 79 Units

  • 10 Story Interior Corridor Hotel with Outdoor Pool

  • Trailing Twelve Month Revenue through January 2026: $1,270,000

  • Fully Renovated with PIP Completed in September 2022

  • Asking $69k/key for Turnkey Property

  • Large Parking Lot with Ample Parking for Bus/Truck Parking

  • Excellent Location in the Heart of Oklahoma City, OK near Downtown and across the Street from INTEGRIS Health Baptist Medical Center

Listing Contacts

SP
CA 01219756
Amber Hotel Company
Listed by Amber Hotel Company

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