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Hotel-Motel

Hampton Tulsa Central

3418 S 79th E Ave, Tulsa, OK 74145

Listing Price: $10,200,000

Cap Rate
8.70%
Number of Rooms
93
RevPAR
$63
Gross SF
62,668
Price/Room
$109,677
RRM
4.40
Price/Gross SF
$162.76
Year Built
2011

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn & Suites Tulsa/Central, a four-story Hilton branded hotel located in Tulsa, Oklahoma.

The property is located ideally off of the I-44 which is the major highway connecting Oklahoma City to St. Louis; while passing through Tulsa. Rated the #4 out of 115 hotels hotel in Tulsa, Hampton Inn & Suites consists 93 total rooms, 30 being suites. The property is undergoing a $1.8M renovation; scheduled for completion in September 2024; updating rooms, bathrooms, and common areas. Hotel amenities include an on-site laundry services, fitness & business centers, complimentary breakfast and a heated pool.

Investment Highlights

  • Undergoing a $1.8M renovation, expected completion September 2024
  • Significant upside in ADR post renovation
  • Located off the I-44 in the Tulsa Business District
  • 15 College campuses within a 10-mile radius
  • 6.2 miles away from Tulsa International Airport – Undergoing a $30M international concourse terminal expansion
  • Located near Tulsa Business District

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Hotel-Motel

Hampton Tulsa Central

Listing Price: $10,200,000

Cap Rate
8.70%
Number of Rooms
93
RevPAR
$63
Gross SF
62,668
Price/Room
$109,677
RRM
4.40
Price/Gross SF
$162.76
Year Built
2011

Investment Highlights

  • Undergoing a $1.8M renovation, expected completion September 2024
  • Significant upside in ADR post renovation
  • Located off the I-44 in the Tulsa Business District
  • 15 College campuses within a 10-mile radius
  • 6.2 miles away from Tulsa International Airport – Undergoing a $30M international concourse terminal expansion
  • Located near Tulsa Business District

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hampton Inn & Suites Tulsa/Central, a four-story Hilton branded hotel located in Tulsa, Oklahoma. The property is located ideally off of the I-44 which is the major highway connecting Oklahoma City to St. Louis; while passing through Tulsa. Rated the #4 out of 115 hotels hotel in Tulsa, Hampton Inn & Suites consists 93 total rooms, 30 being suites. The property is undergoing a $1.8M renovation; scheduled for completion in September 2024; updating rooms, bathrooms, and common areas. Hotel amenities include an on-site laundry services, fitness & business centers, complimentary breakfast and a heated pool.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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