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Property profile & analytics
OFF-MARKET
Wedding venues

11200 Eastern Ave Oklahoma City, OK 73131

10,032 SF 10 ac lot Built 2015
Property ID
US69-1179450
Property summary
AI-generated overview

This exceptional 10,032 square-foot event center, built in 2015, sits on a 10-acre lot in Oklahoma City (73131) and is offered at $3,800,000 ($378.79/sq ft, $25,000/acre). The property boasts a 6.22% cap rate and features a single-story building with ample parking (100 spaces). The permitted commercial zoning allows for a variety of uses. The interior includes a 3,000 square-foot reception hall comfortably seating 200-250, a 2,700 square-foot ceremony room (plus a 300 sq ft stage) accommodating 300 guests, a well-equipped kitchen, and a bar with three serving counters. Additional amenities include separate bridal and groom's suites with private restrooms, and a partially covered patio overlooking a picturesque outdoor ceremony site. The 16-foot ceilings add to the spacious feel. The center has a proven track record, hosting 309 events over the past five years, averaging 62 events annually and attracting approximately 46,350 patrons. Current ownership will assist with the transition, continuing to host pre-booked events through 2024 and into 2025. This is a truly turnkey opportunity with existing bookings and all necessary furnishings and inventory included. The APN is R134917230. The property is owned by Bella Linda LLC.

Property profile
Verified
Property type Wedding venues
Year built 2015
Total area 10,032 SF
Lot 10 ac (435,600 SF)
APN R134917230
UPID US69-1179450
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Montellano Event Center Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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