Courtyard by Marriott
Hospitality | 121 Keys
Marketing description
The Courtyard Central Tulsa is a 122 unit property situated in the near east/midtown submarket of Tulsa. Having recently undergone a renovation, the hotel is in very good condition and eligible for a new long-term Marriott license. With strong historical cash flows and currently trending upward the hotel has an excellent, sustainable investment outlook.
The hotel lies in close proximity to all of Tulsa's major demand generators, including aerospace manufacturing and aviation; Tulsa International Airport; healthcare; energy; machinery and electrical equipment manufacturing; and transportation, distribution, and logistics.
The immediate area surrounding the hotel includes several of the city's largest employers and industries, including the St. Francis Glenpool health complex, Cancer Treatment Centers of America, numerous Casinos, and Oral Roberts University. There are also several state parks in the Tulsa area, including Keystone Lake and Osage Hills.
Investment highlights
- Excellent Location Among Local Demand Generators
- Strong Historic Performance
- Outstanding Brand Recognition and Acceptance by Guests
- Unencumbered by Management
- Operational Upside Potential for a Vigorous Operator
- Asking Price: $9,995,000
- Location: Central Tulsa
- Property Description: Select Service
- Number of Rooms: 121
- Major Source of Business: Commercial, Leisure, Gaming, Interstate
- Site Size: +/- 2.74
- Year Built: 1997
- Last Year Renovated: 2025
- Common Area Amenities: Business Center, Restaurant, Fitness Center, Indoor Pool, Convenience Store, Guest Laundry
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