Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Hyatt Place Oklahoma City Northwest, a four-story select service hotel located in the northwest region of the desirable Oklahoma City market. The hotel consists of 79 well-appointed interior corridor rooms. Amenities include a lobby bar, indoor pool, fitness center and complimentary breakfast buffet. Business amenities include a business center and 900 square feet of meeting space. This property is conveniently located between Northwest Expressway and Interstate 44, near Penn Square Mall and the 20-acre mixed-use development
known as OAK.

The Hyatt Place Oklahoma City Northwest represents the opportunity to acquire a recently renovated upscale hotel in the growing Oklahoma City market. This value-add property can be acquired at a price well below replacement cost. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth. Additionally, the property could be converted to a Best Western Plus hotel, which has already been approved by a Best Western rep.