For Sale
$3,000,000

5200 Classen CirOklahoma City, OK 73118

55-Room Hotel, Garner/Spark Conversion

Overview

Added:
Dec 11, 2024
Days on market:
124

Highlights

  • 55-unit hotel.
  • Four-story interior corridor hotel with indoor pool.
  • Excellent conversion opportunity to midscale/premium economy brands like Garner by IHG or Spark by Hilton.
  • Currently underperforming with 33.3% occupancy, compared to a 49% comp set average.
  • I-44 location in Oklahoma City.
  • Ideal for Garner by IHG, with broker price improvement plan (PIP) available.

Property Details for 5200 Classen Cir

Property type
Hospitality properties, Hotels
Buildings
1
Stories
4
Lot Size (sq. ft)
41,818 SF

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.523447806932
Longitude
-97.532140476971
5200 Classen Cir, Oklahoma City, Oklahoma
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Hospitality property - 55-Room Hotel, Garner/Spark Conversion
Where is the hospitality property located?
The property is located at 5200 Classen Cir Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 55-unit hotel.; Four-story interior corridor hotel with indoor pool.; Excellent conversion opportunity to midscale/premium economy brands like Garner by IHG or Spark by Hilton.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5200 Classen Cir
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