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1111 E I 240 Service Rd
Oklahoma City, OK 73149
Residence Inn Oklahoma City South · Hospitality Property For Sale · 65,558 SF

INVESTMENT HIGHLIGHTS

  • Institutionally owned and third-party managed 90-room Residence Inn by Marriott Oklahoma City South.
  • Leasehold interest in asset is offered unencumbered of management and debt.
  • Ability to retain the Marriott flag with a new long-term license upon completion of the change-of-ownership PIP.
  • Property tour dates: Tuesday, Jan 16th & Wednesday, Jan 17th by appointment. Property is offered for sale in the Feb 5th-7th auction event.
  • Significant upside to transition from third-party management and absentee ownership to a regional owner/operator leveraging local operating economies.
  • Readily accessible and visible from the I-35 / I-240 interchange, with +100,000 vehicles passing the location daily.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.26 AC
Building Size 65,558 SF
No. Stories 3
Year Built 2000
Tenancy Single
Parking Ratio 1.48/1,000 SF
Corridor Interior
Zoning COM
Parcel Number 132165033

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Tennis
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites
  • Listing ID: 30323188

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 1111 E I 240 Service Rd, Oklahoma City, OK 73149

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