Property Overview
Top Studio 6 conversion in America!! Located on I-44/Route 66, this two-story Studio 6 has just been price reduced. The hotel just won the G6 award for the top conversion in US.
This hotel was exceptionally renovated in 2023 and officially opened August 1st. It contains 90 franchised rooms/117 rooms in total (74 rooms are fully renovated, with 16 rooms to be fully renovated prior to sale. There are 27 additional rooms that can be renovated at a later date; see OM for more details).
The property is set to exceed any of its comp set by significant margins.
Some of the large demand generators/employers in the area include St. Francis Glenpool health complex, Cancer Treatment Centers of America, Oral Roberts University, Oklahoma State University Tulsa Campus, Sherwin Museum of Jewish Art, the Gilcrease Museum of Native American & Western Art, Philbrook Museum of Art, Riverside Airport, Tulsa Air & Space Museum, Tulsa Zoo, the state parks Keystone Lake and Osage Hills, and the Southern Hills Country Club (host to numerous PGA tournament events). The BOK center is also a large contributor and hosts numerous shows, concerts, and sporting events that bring thousands of visitors to the metro area, as well as a close location to the fairgrounds which also has a large variety of events. A new $70M Oklahoma Psychiatric Care Center is set to open in 2024 or early 2025.
Property Highlights
| Asking Price | $5,250,000 |
| Location | Excellent Tulsa Visibility & Location on I-44/Route 66 |
| Property Description | Other |
| Number of Rooms | 90 |
| Major Source of Business | Manufacturing, Tourism, Business, Casino, University |
| Site Size | +/- 2.84 |
| Year Built |
1987 |
| Last Year Renovated |
2023 |
| Common Area Amenities | Lobby, business center, vending machines, guest coin laundry & free WiFi & large apartment. 27 rooms for additional growth beyond 90 franchised rooms |