Hotel-Motel
Hyatt Place Oklahoma City Northwest
1511 Northwest Expy, Oklahoma City, OK 73118
Listing Price: $5,250,000
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.
Investment Highlights
- Several Renovations Completed in 2019
- Value-Add or Conversion Opportunity
- Offered Well Below Replacement Cost
- Conveniently Located Between NW Expressway & Interstate 44 (127k+ VPD)
- 1 Mile to Penn Square Mall & the 20-Acre Mixed-Use Development known as OAK
- Located Near Several Notable Attractions & Employers
Exclusively Listed By
Broker of Record
Listing Price: $5,250,000
Investment Highlights
- Several Renovations Completed in 2019
- Value-Add or Conversion Opportunity
- Offered Well Below Replacement Cost
- Conveniently Located Between NW Expressway & Interstate 44 (127k+ VPD)
- 1 Mile to Penn Square Mall & the 20-Acre Mixed-Use Development known as OAK
- Located Near Several Notable Attractions & Employers
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.
Exclusively Listed By
Broker of Record

