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Property profile & analytics
OFF-MARKET Estimated value $1,715,000
Hotels

5200 Classen Cir Oklahoma City, OK 73118-4428

32,758 SF 0.96 ac lot Built 2006
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US69-0627853
Property summary
AI-generated overview

This exceptional investment opportunity presents a 55-key, four-story interior corridor hotel in Northwest Oklahoma City, Oklahoma. Currently operating as a Sleep Inn & Suites, this property, built in 2006, sits on a 0.96-acre lot (APN: 05-885-7350) and offers significant upside potential through conversion to either Garner by IHG or Spark by Hilton. The hotel boasts an indoor pool and is strategically located near major attractions, including the Oklahoma City Zoo and National Memorial Museum, as well as business hubs and healthcare facilities. With an occupancy rate currently below market average (35% compared to a 49% comp set), this property presents a compelling opportunity for an owner seeking high returns. Oklahoma City's robust growth (12.5% over the past 10 years) and its ranking as a top city for low cost of living further enhance the investment appeal. The asking price is $3,000,000. This property is ideally suited for conversion to a midscale or premium economy brand, offering a strong value proposition for investors. Detailed conversion requirements are available upon request. The property's address is 5200 Classen Cir, Oklahoma City, OK 73118. Offers are encouraged.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 2006
Construction WOOD FRAME
Total area 32,758 SF
Lot 0.96 ac (41,992 SF)
APN 05-885-7350
UPID US69-0627853
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
  • Sleep Inn & Suites Oklahoma City Northwest Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.05M
Blend (final) Blend
$1.72M
Owner & transaction history
51st Street Interests LLC · 11 yrs held
51st Street Interests LLC
since 2014
6 recorded transactions
2014
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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