Holiday Inn & Suites (Oklahoma City North)
Alternative Use Conversion Opportunity
Marketing description
Dinesh “Dan” Rama and Kishan Gohel of NewGen Advisory are proud to present for sale the Holiday Inn & Suites (Oklahoma City North) - Oklahoma City, OK, a 145-room full service hotel ideally located in the thriving Oklahoma City North market. Built in the 1980's and renovated over the years, this Holiday Inn sits on 3.82 acres of land with an opportunity to expand. Amenities includes a full commercial kitchen, restaurant, bar, business center, fitness center, pool, and over 9,000 square feet of meeting and event space. Positioned near Interstate 44 and 235, the property benefits from excellent visibility with over 70,000 vehicles per day and convenient access to major demand drivers. This hotel is ideal for a conversion to an alternative use such as multi-family apartments, behavioral health, etc.
Oklahoma City, the state capital, has a population of about 713,000, while its metro area is nearing 1.5 million residents and continues to grow steadily. The median household income is roughly $61,800, reflecting a diverse economy anchored by aerospace, energy, healthcare, and logistics. With a mix of urban amenities, expanding infrastructure, and a young workforce, Oklahoma City balances affordability with long-term growth potential.
Investment highlights
145 units ranging from 300 - 600 Sq. Ft.
Ideal opportunity for multi-family or behavioral health conversion
Full service amenities catering to wide range of guests
Priced well below replacement cost at under $38,000/key
Absentee owned for over 10 years
Conveniently located next to key demand generators such as Paycom Center and Oklahoma City Zoo & Botanical Garden
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