Extended Stay Hotel
For Sale
$6,000,000
7901 E 31st Ct S, Tulsa, OK 74145
73-key Extended Stay America hotel in Tulsa, reporting strong occupancy and operating income through May 2026.
Property Size41,561 SF
Days on Market50
Property Features for 7901 E 31st Ct S
General Information
Standard status
Active
Size
41,561 SF
Property subtype
Hotel-Motel
Occupancy
84%
Additional Details
Cap Rate
11%
Multifamily Units
73
Amenities
2026 Renovation Underway – scheduled for completion in September/October 2026
Extended-Stay Model – All rooms feature kitchenettes, supporting longer stays and lower operating expenses
Minimal Remaining PIP – Approximately $54,000 remaining PIP items with ESA's affordable renovation cycle
40%+ In-Place NOI Margin – Strong operating efficiency driving attractive day-one cash flow
Consistent Occupancy Outperformance – Occupancy has exceeded the competitive set over the past three years, averaging ~80%. May 2026 Occupancy was at 96%
20%+ Cash-on-Cash Returns – Strong in-place leveraged returns for day-one investors
Diverse Demand Drivers – Supported by 10+ healthcare facilities, 15+ colleges and universities, and immediate access to I-44/U.S. Route 64
Building Details
Building Size
41,561 SF
Year Built
1997
Listing Agency:
(602) 687-6707
Listed By:
Michael Knall · License #License(s): AZ: SA690247000
(602) 687-6707
Source:
Marcusmillichap
Added: Jul 8
Changed: Aug 10
Last Checked: Aug 26 at 5:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Knall
Investment Insights
Based on property information with market context.
Extended Stay America Tulsa Midtown is a 73-key extended-stay hotel offered for sale in Tulsa, Oklahoma. The property is being presented as a stabilized hospitality asset with reported in-place operating performance through May 2026, with Year End 2025 occupancy of 84%. Reported results include approximately $1.43 million in revenue and approximately $655,000 in NOI.
The property is described as benefiting from long-term extended-stay demand drivers and a diversified guest demand base that includes healthcare, construction, relocation, infrastructure, and corporate travelers seeking longer-term accommodations.
The offering provides investors the ability to acquire an operating hotel with the reported revenue and NOI figures referenced as consistent through May 2026.
The property is described as benefiting from long-term extended-stay demand drivers and a diversified guest demand base that includes healthcare, construction, relocation, infrastructure, and corporate travelers seeking longer-term accommodations.
The offering provides investors the ability to acquire an operating hotel with the reported revenue and NOI figures referenced as consistent through May 2026.
Key Highlights
- 73‑key Extended Stay America hotel in Tulsa, OK, built in 1997
- Year‑end 2025 occupancy of 84% and approximately $1.43M in revenue
- Year‑end 2025 approximately $655,000 in NOI
Property Analytics
Property Profile
Current Use
Lease Details
73
Residential units
84%
Occupancy
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
Explore this area
Business Placement
Demographics for 74145, OK
18,055
Population
8,523
Households
2.1
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
3,060
Density / Sq Mi
$55,118
Median Household Income
$37,021
Median Earnings
$1,039
Median Rent
$160,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 73-key Extended Stay America hotel in Tulsa, reporting strong occupancy and operating income through May 2026.
Where is this hotel located?
The property is located at 7901 E 31st Ct S Tulsa, OK.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 73‑key Extended Stay America hotel in Tulsa, OK, built in 1997; Year‑end 2025 occupancy of 84% and approximately $1.43M in revenue; Year‑end 2025 approximately $655,000 in NOI
