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Wyndham Garden Oklahoma City Conference Ctr 2101 S Meridian Ave 146 Room Hotel Oklahoma City, OK 73108 $6,500,000 ($44,521/Room)
INVESTMENT HIGHLIGHTS
- Full-service Wyndham Garden hotel with 244 rooms and interior corridors.
- Underperforming at 51% of competitive set RevPAR, creating strong upside potential, Asking $26.6k/Key
- Oklahoma City ranked #1 for lowest cost of living among large U.S. cities and growing rapidly.
- Prime location just three miles from Will Rogers International Airport and near I-44 and I-40.
- Extensive meeting and event space, including a grand ballroom for up to 350 guests.
- Offered at an attractive $23,700 per key with multiple repositioning options.
EXECUTIVE SUMMARY
This offering presents a rare opportunity to acquire a full-service Wyndham Garden hotel strategically located just three miles from Will Rogers International Airport in Oklahoma City. The property features 244 rooms, an indoor pool, on-site restaurant, and extensive meeting and event facilities, including an 1,800-square-foot atrium and a grand ballroom accommodating up to 350 guests. With total revenues of $2.05 million in 2022 and $2.13 million in 2023, the asset is currently underperforming at 51% of the RevPAR for its competitive set, creating significant upside potential for an experienced operator.
The hotel benefits from a prime location near Interstate 44 and Interstate 40, providing excellent regional connectivity. Oklahoma City is the state’s most populous city with over 649,000 residents and has experienced 12.5% population growth over the past decade. Ranked as the number one large city for lowest cost of living by C2ER, OKC offers a favorable business climate and diverse demand generators, including major corporate offices, cultural attractions, and the recently expanded Will Rogers World Airport.
Currently, 146 rooms remain active in Wyndham’s PMS, while 98 rooms have been taken offline to reduce costs, presenting an opportunity for repositioning or dual-branding. The absentee ownership structure and underutilized banquet facilities further enhance the value-add potential. Offered at $23,700 per key, this property is well-positioned for investors seeking a high-upside hospitality asset in a growing market.
The hotel benefits from a prime location near Interstate 44 and Interstate 40, providing excellent regional connectivity. Oklahoma City is the state’s most populous city with over 649,000 residents and has experienced 12.5% population growth over the past decade. Ranked as the number one large city for lowest cost of living by C2ER, OKC offers a favorable business climate and diverse demand generators, including major corporate offices, cultural attractions, and the recently expanded Will Rogers World Airport.
Currently, 146 rooms remain active in Wyndham’s PMS, while 98 rooms have been taken offline to reduce costs, presenting an opportunity for repositioning or dual-branding. The absentee ownership structure and underutilized banquet facilities further enhance the value-add potential. Offered at $23,700 per key, this property is well-positioned for investors seeking a high-upside hospitality asset in a growing market.
PROPERTY FACTS
| Price | $6,500,000 | Building Size | 139,722 SF |
| Price Per Room | $44,521 | No. Rooms | 146 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1982/2024 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.48/1,000 SF |
| Lot Size | 5.60 AC | Corridor | Interior |
| Zoning | I-1 - Commercial | ||
| Price | $6,500,000 |
| Price Per Room | $44,521 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.60 AC |
| Building Size | 139,722 SF |
| No. Rooms | 146 |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2024 |
| Tenancy | Single |
| Parking Ratio | 2.48/1,000 SF |
| Corridor | Interior |
| Zoning | I-1 - Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 146 | $137.00 | - |
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PROPERTY TAXES
| Parcel Number | 148801000 | Improvements Assessment | $718,037 |
| Land Assessment | $59,192 | Total Assessment | $777,229 |
PROPERTY TAXES
Parcel Number
148801000
Land Assessment
$59,192
Improvements Assessment
$718,037
Total Assessment
$777,229
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Wyndham Garden Oklahoma City Conference Ctr | 2101 S Meridian Ave
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