Travelers Inn & Suites
For Sale
Contact for pricing
820 S MacArthur Blvd., Oklahoma City, OK 73128
Established motel property with General Commercial zoning and proximity to Will Rogers World Airport.
Property Size47,794 SF
Price / SF$104.62
Days on Market10
Property Features for 820 S MacArthur Blvd.
General Information
Standard status
Active
Size
47,794 SF
Property subtype
Hospitality
Zoning
General Commercial
Occupancy
35%
Investment Type
Redevelopment
Net Operating Income
$5,095
Building Details
Year Built
1973
Listing Agency:
Realty ONE Group Encompass
Listed By:
Steve Fennell jr. · License #7698227
Source:
Crexi
Added: Aug 13
Changed: Aug 22
Last Checked: Aug 22 at 8:45AM
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 Realty ONE Group Encompass
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$347,343
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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
NOI $1,144,188 @ 7.0% cap · market cap 22.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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.
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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
