Hotel-Motel

Studio 6 Oklahoma City Midwest City

5801 Tinker Diagonal, Oklahoma City, OK 73110

Listing Price: $2,250,000

Cap Rate
9.05%
Number of Rooms
68
RevPAR
$25
Gross SF
26,042
Price/Room
$33,088
RRM
3.21
Price/Gross SF
$86.40
Year Built
1991

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Studio 6 Oklahoma City Midwest City, a 68-room exterior corridor hotel located in the Oklahoma City Metropolitan Statistical Area. This asset is ideally located off Interstate 40 and benefits from a strong transient and leisure market with many demand drivers. Nearby attractions include the Oklahoma Sports Hall of Fame, Chesapeake Energy Arena, Myriad Botanical Gardens and the Oklahoma State Capitol.

The Studio 6 Oklahoma City Midwest City performs consistently within its comp set and is suited to perform optimally as the demand in the market increases. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

Investment Highlights

  • 7 Miles to Three Medical Centers
  • Excellent Frontage Along Interstate 40
  • Two Miles to Tinker Air Force Base, Oklahoma's Largest Single-Site Employer
  • Adjacent to Rose State College
  • Six Miles to Chesapeake Energy Arena, Home to NBA's OKC Thunder
  • Six Miles to OK Sports Hall of Fame, Myriad Botanical Gardens & OK Railway Museum

Exclusively Listed By

Hotel-Motel

Studio 6 Oklahoma City Midwest City

Listing Price: $2,250,000

Cap Rate
9.05%
Number of Rooms
68
RevPAR
$25
Gross SF
26,042
Price/Room
$33,088
RRM
3.21
Price/Gross SF
$86.40
Year Built
1991

Investment Highlights

  • 7 Miles to Three Medical Centers
  • Excellent Frontage Along Interstate 40
  • Two Miles to Tinker Air Force Base, Oklahoma's Largest Single-Site Employer
  • Adjacent to Rose State College
  • Six Miles to Chesapeake Energy Arena, Home to NBA's OKC Thunder
  • Six Miles to OK Sports Hall of Fame, Myriad Botanical Gardens & OK Railway Museum

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Studio 6 Oklahoma City Midwest City, a 68-room exterior corridor hotel located in the Oklahoma City Metropolitan Statistical Area. This asset is ideally located off Interstate 40 and benefits from a strong transient and leisure market with many demand drivers. Nearby attractions include the Oklahoma Sports Hall of Fame, Chesapeake Energy Arena, Myriad Botanical Gardens and the Oklahoma State Capitol.

The Studio 6 Oklahoma City Midwest City performs consistently within its comp set and is suited to perform optimally as the demand in the market increases. Our Pro Forma analysis assumes an investor will increase operating efficiencies through cost management and modest revenue growth.

Exclusively Listed By

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