Residence Inn OKC South

1111  E Interstate 240 Service Rd,

Oklahoma City, OK 73149

PROPERTY SUMMARY

 

Opportunity 

  • Leasehold interest in the institutionally owned and third-party managed 90-room Residence Inn Oklahoma City South

  • Offered at a significant discount to replacement cost

  • Available unencumbered of debt and management

  • Ability to retain the Residence Inn flag for a new long-term franchise agreement, subject to completion of the change-of-ownership PIP and franchise approval

  • Opportunity to enhance performance and further penetrate the comp set through targeted operational and capital improvements

Location

  • Ideally located directly off Interstate 240, providing immediate access to I-35, I-44, and Will Rogers World Airport, which serves more than 4.6 million passengers annually and underwent an $87 million terminal expansion

  • Proximate to major corporate and government demand, including Tinker Air Force Base, Devon Energy Corporation, Boeing, and Expand Energy Corporation

  • Convenient to leading leisure and entertainment attractions, including the Paycom Center, Bricktown Entertainment District, and Oklahoma City Zoo, which welcomes over 1 million visitors annually

  • Positioned within minutes of INTEGRIS Health, OU Health, and other regional medical centers employing more than 20,000 healthcare professionals across the metro area

  • Centrally located near downtown Oklahoma City and major corporate parks, within a 1.4 million–resident MSA experiencing steady population growth and ongoing economic expansion

Market Summary

  • The $400 million OKANA Resort & Indoor Waterpark, developed by the Chickasaw Nation next to the First Americans Museum, opened in early 2025. The project features a 404-room hotel, 100,000 SF indoor waterpark, retail, and dining, strengthening Oklahoma City’s position as a premier regional leisure destination

  • The $1.1 billion MAPS 4 Civic Improvement Program, one of the largest public initiatives in city history, is driving major investment across Oklahoma City, including the expansion of the Oklahoma City Innovation District and development of a new $900 million downtown arena for the Oklahoma City Thunder

Carter Benedict

Associate

518.317.0569

cbenedict@paramountlodging.com

Mike Schlictman

Principal

803.920.4173

mikes@paramountlodging.com

Andrew Makhlouf

Principal

312.610.9067

amakhlouf@paramountlodging.com