Property Overview
• Offered at under 3X room gross and at a 10% CAP rate
• Consistent annual room sales near $1.5M
• Occupancies steady at or near 80% annually
• Fantastic Interstate location at major Turnpike exit
• 104 rooms operational (27 additional units offline)
• Complete renovation less than 36 months ago
This Super 8 checks all the boxes! Located immediately off I-44 & Historic Route 66 at the first Turnpike exit, the hotel is just minutes to all major demand generators. The River Spirit Casino, downtown Tulsa, the world class BOK Events Center, The Gathering Place, Expo Square, Big Splash Water Park, and Discoveryland are all within a 7 minute drive of the property. The exit is experiencing significant growth and economic expansion with Starbucks and McDonald’s being built adjacent to the hotel and other food and gas outlets expanding in the area.
Local (within 1 mile) Business Demand Generators include TD Williamson, Helmerich and Payne, Green Bay Packaging, Patriot Transit, American Airlines, Verizon, Conoco Phillips as well as a multitude of others. The hotel has excellent truck parking and typical Super 8 amenities such as a business center, free light breakfast, guest laundry and an outdoor pool. Living quarters are onsite. The recently announced Project Edge Redevelopment Master Plan is also primed to bring extensive new development to the area surrounding the exit and district.
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Property Highlights
| Asking Price | Call Broker for Price |
| Location | I-44 at Turnpike exit |
| Property Description | Other |
| Number of Rooms | 104 |
| Major Source of Business | Business, Traveler, Transient, Corporate & Retail |
| Site Size | +/- 2.84 |
| Year Built |
1985 |
| Last Year Renovated |
2024 |
| Common Area Amenities | Breakfast area, business center, fitness room, guest laundry and outdoor pool |