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former Crowne Plaza Hotel 2945 Northwest Expy 218 Room Hotel Oklahoma City, OK 73112 For Sale
Investment Highlights
- Currently non-operational
- Near major demand generators
- 4.6 Acres (+/-)
- High barriers to entry
- Potential hotel, multi-family & land redevelopment
Executive Summary
• Recently price reduced
• 4.6 Acres (+/-)
• 102,850 SF, 10-story existing building
• Currently non-operational
• High barriers to entry
• Near major demand generators
• Potential hotel, multi-family & land redevelopment
Located in the highly desirable NW quadrant of Oklahoma City, the property is situated within 100 yards of Integris Baptist Medical Center & Campus, near at least 20 other high-rise offices, Penn Square Mall, Belle Isle shopping district, over 100 national chain stores and multiple new developments. With over $3B in private development occurring nearby, very high barriers to entry, and high traffic counts, this project presents a truly unique investment opportunity.
This is a co-listing with Price Edwards.
Click this link (or copy and paste) for access to complete, detailed photos and video:
https://highschoolhighlights.smugmug.com/Crown-Plaza
360 view:
https://vtour.cloud/14h6hb/lx7albxh/index.html?ts=919581605
• 4.6 Acres (+/-)
• 102,850 SF, 10-story existing building
• Currently non-operational
• High barriers to entry
• Near major demand generators
• Potential hotel, multi-family & land redevelopment
Located in the highly desirable NW quadrant of Oklahoma City, the property is situated within 100 yards of Integris Baptist Medical Center & Campus, near at least 20 other high-rise offices, Penn Square Mall, Belle Isle shopping district, over 100 national chain stores and multiple new developments. With over $3B in private development occurring nearby, very high barriers to entry, and high traffic counts, this project presents a truly unique investment opportunity.
This is a co-listing with Price Edwards.
Click this link (or copy and paste) for access to complete, detailed photos and video:
https://highschoolhighlights.smugmug.com/Crown-Plaza
360 view:
https://vtour.cloud/14h6hb/lx7albxh/index.html?ts=919581605
Property Facts
| Sale Type | Investment | Building Size | 118,235 SF |
| Sale Condition | Redevelopment Project | No. Rooms | 218 |
| Property Type | Hospitality | No. Stories | 9 |
| Property Subtype | Hotel | Year Built/Renovated | 1968/2021 |
| Building Class | B | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 9.47 AC | Corridor | Interior |
| Zoning | C3 | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 9.47 AC |
| Building Size | 118,235 SF |
| No. Rooms | 218 |
| No. Stories | 9 |
| Year Built/Renovated | 1968/2021 |
| Parking Ratio | 1.43/1,000 SF |
| Corridor | Interior |
| Zoning | C3 |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- On-Site Bar
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 218 | $67.00 | - |
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Property Taxes
| Parcel Number | 146091810 | Improvements Assessment | $235,400 |
| Land Assessment | $121,414 | Total Assessment | $356,814 |
Property Taxes
Parcel Number
146091810
Land Assessment
$121,414
Improvements Assessment
$235,400
Total Assessment
$356,814
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Photos
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Street
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