Building Details

Year Built 1973

Listing Agency: Realty ONE Group Encompass

Listed By: Steve Fennell jr. · License #7698227

Source: Crexi

Added: Aug 13 Changed: Sep 23 Last Checked: Oct 7 at 11:04AM

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Investment Insights

Based on property information with market context.

Travelers Inn & Suites is a motel property at 820 S. MacArthur Blvd. in Oklahoma City. The property contains 47,794 square feet and was built in 1973, providing an established hospitality asset within the South Oklahoma City commercial corridor.

General Commercial zoning supports the property’s commercial classification. Its location near Will Rogers World Airport adds an identifiable airport-area context. Existing fire damage and deferred maintenance are material physical considerations for a purchaser evaluating the property’s condition and future plans.

Key Highlights

• 47,794‑square‑foot motel property
• Built in 1973
• General Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$347,343

Cap Rate

6.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,946,860 $6.9M

Cap Rate 7%

$4,962,043 $5.0M

Cap Rate 9%

$3,859,367 $3.9M

Market Conditions

NOI Build-Up for 47,794 SF

Gross rent

$860.3K $18.00/SF

− Vacancy

−$129.0K −$2.70/SF

EGI

$731.2K $15.30/SF

− OpEx

−$383.9K −$8.03/SF

NOI

$347.3K $7.27/SF

Area

Oklahoma City, OK

Vacancy

15.00%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$6,946,860

Cap Rate 7%

$4,962,043

Cap Rate 9%

$3,859,367

Alternative Uses

Best Use

Hotel Hospitality

$4.96M

$4.34M – $5.79M (±1% cap)

NOI $347,343 @ 7.0% cap · market cap 6.95%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$16.35M

$14.30M – $19.07M (±1% cap)

NOI $1,144,188 @ 7.0% cap · market cap 22.88%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Castle Falls Restaurant Travelers Inn & Suites ... Hotel & Motel Bamboo Lounge Nightclub The Grande Hall Event ... Hotel & Motel

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

419

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 73128, OK

5,950

Population

3,006

Households

2

Avg Household Size

33

Median Age

45%

College-Educated

87%

High-School Grad

7.3 sq mi

ZIP Area

815

Density / Sq Mi

$73,729

Median Household Income

$42,249

Median Earnings

$1,369

Median Rent

$192,200

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this motels located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Ann Arbor Event Center — 531 N Ann Arbor Ave suite a, Oklahoma City, OK 73127
• Castle Falls — 820 N MacArthur Blvd, Oklahoma City, OK 73127
• The Grande Hall Event Venue at Castle Falls — 820 N MacArthur Blvd building c, Oklahoma City, OK 73127
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• Aces of 8 Coffee House — 1150 N MacArthur Blvd, Oklahoma City, OK 73127

Frequently Asked Questions

What type of property is this?

Motel - Established motel property with General Commercial zoning and proximity to Will Rogers World Airport.

Where is this motel located?

The property is located at 820 S MacArthur Blvd. Oklahoma City, OK.

What is the asking price?

The asking price for this property is $5,000,000.

What are key features of this property?

This property features: 47,794‑square‑foot motel property; Built in 1973; General Commercial zoning