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La Quinta Inn & Suites by Wyndham Tulsa 23 N 67th East Ave 72 Room Hotel Tulsa, OK 74115 $5,500,000 ($76,389/Room)
INVESTMENT HIGHLIGHTS
- 72 Unit, 3 Story, Interior Corridor Hotel
- Excellent Location Minutes from Tulsa International Airport, Easy Access to Interstate 244
- Trailing Twelve Month Revenue through November 2025: $1,363,444.56
- PIP Fully Completed; Hotel is in Excellent Condition
- Highly Profitable despite Absentee Out of State Ownership - Significant Upside Opportunity for Hands-On Owner
- Diverse Mix of Demand Generators in Tulsa, which has a Population of 400,000+
EXECUTIVE SUMMARY
The La Quinta Inn & Suites by Wyndham Tulsa Airport/Expo Square in Tulsa, OK is a 72 room, 3 story interior corridor hotel just minutes from Tulsa International Airport and the Tulsa Zoo. The hotel provides a convenient and comfortable stay for both business and leisure travelers and is a fantastic, turnkey opportunity for a hotel investor.
The hotel was fully renovated to complete the latest PIP requirements, and is in excellent condition. The hotel features an indoor pool, breakfast room, 725 square feet of event and meeting space, and an excellent location five miles from downtown. Trailing twelve month revenue per STR trend report through December 2024 is $1,227,276 with an absentee out of state Owner, resulting in a significant opportunity for an onsite Owner.
There is a diverse mix of revenue generators including the Tulsa International Airport, Tulsa Zoo, and numerous leisure destinations. The hotel is also nearby to the University of Tulsa and Expo Square along with several other large companies in the finance, aviation, telecommunications, and technology spaces. The hotel's central location is between Oklahoma City, Springfield, Little Rock, Dallas, and Kansas City.
The hotel was fully renovated to complete the latest PIP requirements, and is in excellent condition. The hotel features an indoor pool, breakfast room, 725 square feet of event and meeting space, and an excellent location five miles from downtown. Trailing twelve month revenue per STR trend report through December 2024 is $1,227,276 with an absentee out of state Owner, resulting in a significant opportunity for an onsite Owner.
There is a diverse mix of revenue generators including the Tulsa International Airport, Tulsa Zoo, and numerous leisure destinations. The hotel is also nearby to the University of Tulsa and Expo Square along with several other large companies in the finance, aviation, telecommunications, and technology spaces. The hotel's central location is between Oklahoma City, Springfield, Little Rock, Dallas, and Kansas City.
PROPERTY FACTS
| Price | $5,500,000 | Building Size | 39,030 SF |
| Price Per Room | $76,389 | No. Rooms | 72 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 2008/2016 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.84/1,000 SF |
| Lot Size | 2.29 AC | Corridor | Interior |
| Zoning | IL | ||
| Price | $5,500,000 |
| Price Per Room | $76,389 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.29 AC |
| Building Size | 39,030 SF |
| No. Rooms | 72 |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2016 |
| Tenancy | Single |
| Parking Ratio | 1.84/1,000 SF |
| Corridor | Interior |
| Zoning | IL |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 18 | $100.00 | - |
| Guest Room | 54 | $95.00 | - |
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Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 33400-93-02-08090 | Improvements Assessment | $328,405 |
| Land Assessment | $11,590 | Total Assessment | $339,995 |
PROPERTY TAXES
Parcel Number
33400-93-02-08090
Land Assessment
$11,590
Improvements Assessment
$328,405
Total Assessment
$339,995
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La Quinta Inn & Suites by Wyndham Tulsa | 23 N 67th East Ave
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