The former Holiday Inn is in a prime location in downtown Oklahoma City. The Hotel is being offered at approximately 25% of replacement cost. Preliminary budgets for various brands have ranged from $4,000,000 to nearly $20,000,000. To reopen as a hotel, a buyer would simply be limited by how much they wanted to spend as to the tier, quality and brand of hotel they desired. Full Service Brands available in the marketplace include: Marriott Delta, Four Points by Sheraton, Hilton Curio and Tapestry Collections, Radisson, Holiday Inn,
Wyndham, Ramada, and Clarion. Additionally, there are a host of select service or limited service brands available in the IHG, Choice, Wyndham, and other brand systems.
The closed property is a interior corridor, full service, ten-story hotel. It includes a restaurant, a gift shop and a multi-media conference center.
|Asking Price||Call for Offers|
|Location||Downtown CBD / Main Street near I-40|
|Property Description||Full Service|
|Number of Rooms||188|
|Major Source of Business||Corporate, Commercial, Tourism & Leisure|
|Site Size||2.25 acres more or less|
|Last Year Renovated
|Common Area Amenities||Breakfast Area, Conference/Meeting Space, Fitness Center, Gift Shop & Auditorium|