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La Quinta Inn & Suites Oklahoma City Norman 930 Ed Noble Pky 117 Room Hotel Norman, OK 73072 $8,100,000 ($69,231/Room)
INVESTMENT HIGHLIGHTS
- 117 Rooms Location just off I-35
- University of Oklahoma
- The Links Golf & Athletic Club
- Easy drive to OK City
- River Wind Casino
- OKC Will Rogers International Airport
EXECUTIVE SUMMARY
Property Description:
Discover the La Quinta Inn & Suites by Wyndham in Norman, OK spread over 117 rooms, an exceptional opportunity for buyers and investors seeking a prime hospitality asset. Located just minutes from the University of Oklahoma, this property benefits from a vibrant college town demographic, attracting students, faculty, and visitors year-round. The hotel features 80 well-appointed rooms, modern amenities, and a welcoming atmosphere designed to ensure guest satisfaction. Notable amenities include complimentary
Wi-Fi, a hot breakfast bar, an outdoor pool, a fitness center, and free parking, appealing to both leisure and business travelers. The property boasts high occupancy rates driven by Norman’s expanding economy, strong education sector, and regional events. With consistent demand from university events, sports, and corporate travelers, this hotel presents a stable income stream and growth potential. Perfectly positioned for long-term value appreciation, the La Quinta Inn & Suites offers a compelling investment in a thriving market.
**The new ownership is eligible to get $2,000 per room incentive from La Quinta upon completion of LQUP program.**
Location Description:
The La Quinta Inn & Suites by Wyndham in Norman, Oklahoma, offers a convenient and comfortable stay near key attractions and amenities. Located just minutes from the University of Oklahoma campus, it’s ideal for students, visitors, and faculty. Guests can explore nearby sites like Lake Thunderbird State Park, perfect for outdoor activities such as fishing, boating, and hiking. The hotel is close to the Norman Regional Hospital and several shopping centers, including Sooner Fashion Mall and local boutiques, making shopping and dining easy. For sports enthusiasts, the hotel is a short drive from the Gaylord Family Oklahoma Memorial Stadium, home to Oklahoma Sooners football. The location also provides quick access to Norman’s local parks and recreational areas. Norman Regional Airport is approximately 10 miles away, offering convenient travel options. Whether visiting for college, leisure, or business, guests will enjoy the friendly service and prime location of this La Quinta Inn & Suites.
Visit tabanirealty.com/listings for more information.
Discover the La Quinta Inn & Suites by Wyndham in Norman, OK spread over 117 rooms, an exceptional opportunity for buyers and investors seeking a prime hospitality asset. Located just minutes from the University of Oklahoma, this property benefits from a vibrant college town demographic, attracting students, faculty, and visitors year-round. The hotel features 80 well-appointed rooms, modern amenities, and a welcoming atmosphere designed to ensure guest satisfaction. Notable amenities include complimentary
Wi-Fi, a hot breakfast bar, an outdoor pool, a fitness center, and free parking, appealing to both leisure and business travelers. The property boasts high occupancy rates driven by Norman’s expanding economy, strong education sector, and regional events. With consistent demand from university events, sports, and corporate travelers, this hotel presents a stable income stream and growth potential. Perfectly positioned for long-term value appreciation, the La Quinta Inn & Suites offers a compelling investment in a thriving market.
**The new ownership is eligible to get $2,000 per room incentive from La Quinta upon completion of LQUP program.**
Location Description:
The La Quinta Inn & Suites by Wyndham in Norman, Oklahoma, offers a convenient and comfortable stay near key attractions and amenities. Located just minutes from the University of Oklahoma campus, it’s ideal for students, visitors, and faculty. Guests can explore nearby sites like Lake Thunderbird State Park, perfect for outdoor activities such as fishing, boating, and hiking. The hotel is close to the Norman Regional Hospital and several shopping centers, including Sooner Fashion Mall and local boutiques, making shopping and dining easy. For sports enthusiasts, the hotel is a short drive from the Gaylord Family Oklahoma Memorial Stadium, home to Oklahoma Sooners football. The location also provides quick access to Norman’s local parks and recreational areas. Norman Regional Airport is approximately 10 miles away, offering convenient travel options. Whether visiting for college, leisure, or business, guests will enjoy the friendly service and prime location of this La Quinta Inn & Suites.
Visit tabanirealty.com/listings for more information.
PROPERTY FACTS
| Price | $8,100,000 | Building Size | 58,500 SF |
| Price Per Room | $69,231 | No. Rooms | 117 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1997/2017 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.48/1,000 SF |
| Lot Size | 2.86 AC | Corridor | Interior |
| Zoning | UC | ||
| Price | $8,100,000 |
| Price Per Room | $69,231 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.86 AC |
| Building Size | 58,500 SF |
| No. Rooms | 117 |
| No. Stories | 4 |
| Year Built/Renovated | 1997/2017 |
| Tenancy | Single |
| Parking Ratio | 2.48/1,000 SF |
| Corridor | Interior |
| Zoning | UC |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $119.00 | - |
| Guest Room | 113 | $94.00 | - |
PROPERTY TAXES
| Parcel Number | R0039574 | Improvements Assessment | $375,025 |
| Land Assessment | $104,975 | Total Assessment | $480,000 |
PROPERTY TAXES
Parcel Number
R0039574
Land Assessment
$104,975
Improvements Assessment
$375,025
Total Assessment
$480,000
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La Quinta Inn & Suites Oklahoma City Norman | 930 Ed Noble Pky
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