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6200 N Robinson AveOklahoma City, OK 73118
Holiday Inn & Suites (Oklahoma City North)
Asset ClassHotel & Hospitality
Deal Size$5.5 M
# Keys: 145Year Renovated: 2020Land: 3.82 AcresAccess Data Room
Alternative Use Conversion Opportunity
overview of deal

Overview

Dinesh “Dan” Rama and Kishan Gohel of NewGen Advisory are proud to present for sale the Holiday Inn & Suites in Oklahoma City, OK, a 145-room full service hotel ideally located in the thriving Oklahoma City North market. Built in the 1980's and renovated over the years, this Holiday Inn sits on 3.82 acres of land with an opportunity to expand and convert to an alternative use.

 

Amenities includes a full commercial kitchen, restaurant, bar, business center, fitness center, pool, and over 9,000 square feet of meeting and event space. Positioned near Interstate 44 and 235, the property benefits from excellent visibility with over 70,000 vehicles per day and convenient access to major demand drivers.

Access the Data Room

Investment Highlights

  • 145 units ranging from 300 – 600 Sq. Ft.
  • Ideal opportunity for multi-family or behavioral health conversion
  • Full service amenities with over 9,000 sq ft of meeting and event space
  • Priced well below replacement cost at under $38,000/key
  • Absentee owned for over 10 years
  • Conveniently located next to key demand generators such as Paycom Center and Oklahoma City Zoo & Botanical Garden
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6200 N Robinson AveOklahoma City, OK 73118

Sales Team

Kishan GohelSenior Vice President

License #: AZ SA684403000

(480) 766-6014kishan.gohel@newgenadv.com
Dinesh RamaPrincipal & Managing Director

License #: AZ BR515223000

(602) 478-9636dan.rama@newgenadv.com
Richard Queen Jr.Designated Broker

License #: OK 158530

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Listing provided by Revere CRE